China on Saturday angrily hit out at the latest US tariff hikes on its goods, saying a “bullying” Washington would eventually “eat its own bitter fruit”.
European leaders have also warned US President Donald Trump of the dangers of trade skirmishes with China and Europe, which look set to dominate the G7 summit due to begin in France.
Trump on Friday increased existing and planned tariffs on a total of $550 billion in Chinese goods, in response to new tit-for-tat levy hikes announced earlier that day by Beijing on $75 billion of US imports.
A Chinese commerce ministry spokesman on Saturday denounced Washington’s “unilateral and bullying trade protectionism”.
The tariff increase “seriously undermines the multilateral trading system and the normal international trade order, and the US will surely eat its own bitter fruit.
“The Chinese side strongly urges the US side not to misjudge the situation, not to underestimate the determination of the Chinese people, and immediately stop its mistaken actions, otherwise all consequences will be borne by the US,” the spokesman said.
By the end of the year the feud will affect nearly all imports and exports between the two countries, with US companies — many of whom rely on China for inputs — particularly worried by the rapidly changing conflict.
EU Council President Donald Tusk on Saturday warned that Trump’s escalating trade tensions with China and Europe could force economies around the world into recession.
Meanwhile French President Emmanuel Macron, host of the G7 summit in the French city of Biarritz, also warned of the widespread fallout from the trade disputes.
Former FBI agent explains why Trump just opened himself to more legal problems
Former FBI agent Asha Rangappa explained that the recent revelations that President Donald Trump made a promise to a foreign leader that made an intelligence official uncomfortable enough to declare themselves a whistleblower.
Rangapp explained that the President has a fairly wide latitude to conduct foreign affairs as he sees fit. But "when it comes to the 'outside world,' the President represents the sovereign: He is basically the voice of the United States and can negotiate with world leaders on its behalf."
Canada’s Trudeau admits to racist ‘brownface’ makeup in high school Halloween costume
Canada's Prime Minister Justin Trudeau apologized Wednesday for wearing brownface makeup to a party 18 years ago, as he scrambled to get on top of a fresh blow to a re-election campaign dogged by controversy.
Time magazine published the photograph one week into a federal election campaign with Trudeau's Liberal Party in a tight contest against the Conservatives led by Andrew Scheer.
Trudeau, 47, whose party won a landslide victory in 2015, has already been under attack for an ethics lapse and other controversies.
The black-and-white photograph shows Trudeau, then 29, wearing a turban and robes with his face, neck and hands darkened at a gala party in 2001.
A veteran teacher explains why Trump is incapable of learning
While dyslexia has been mentioned now and then as one of the reasons Donald Trump is so ignorant of what it takes to govern in a free society, I want to explore it as foundational to his inability to learn and grow while in office—and also as a way to link disparate troubling elements in his makeup.