China: A US shift to raise taxes on Chinese products is a sign of weakness, not of power, and shows that some in the United States may get “losing their heads”, China’s foreign minister said on Wednesday, in exceedingly sarcastic comments.
US President Joe Biden announced steep tariff increases on Chinese imports, including batteries for electric vehicles ( EV ) batteries, computer chips, and medical supplies on Tuesday, putting the country in danger of an election-year standoff with Beijing as he woos American voters who give his economic policies low marks.
China soon vowed retribution.
This harassment behavior is the most prevalent in the world today! According to a statement from the state journalist CCTV, Foreign Minister Wang Yi said,” It shows that some Americans have reached the point where they are losing their minds in order to keep their geopolitical hegemony.”
He claimed that the US’s action against China does not demonstrate that it is solid but rather that it merely shows that it is out of control and has lost its self-assurance.
The US walk, instead of hindering China’s growth, will empower its 1.4 billion people to work hard, Wang said.
The international community should inform the United States not to bring fresh trouble to the world at this crucial time of global economic recovery, he said.
Biden said China would probably increase tariffs in retribution, probably on related products, but said the shift was doubtful to lead to global conflict.
