Will China retaliate against US tariffs as warned?

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China Has Indicated Readiness to Retaliate Against US Tariffs

China’s ambassador to the United States, Xie Feng, has stated that Beijing stands ready to retaliate against escalating trade war measures, including tariffs imposed by Washington. This warning was delivered in the context of urging the US to seek common ground and pursue peaceful coexistence between the two nations.
China Opposes Trade War and Reserves Right to Retaliate

Ambassador Xie Feng explicitly stated that China opposes the ongoing trade war and indicated a firm stance on retaliating against any country that imposes tariffs on its goods. This declaration underscores China's position that it will not passively accept trade restrictions and is prepared to respond in kind to protect its economic interests.
Tariffs Could Devastate Global Economy

Xie Feng drew a historical parallel between current tariff policies and the Great Depression, warning that such measures would have a devastating impact on the global economy. He referenced the tariffs imposed by the US in 1930 as an example of the severe economic consequences that can arise from protectionist trade policies, suggesting a potential for widespread economic disruption.
Call for Peaceful Coexistence and Mutual Success

The ambassador emphasized that the world is sufficiently large for both China and the United States to coexist peacefully. He advocated for a cooperative approach, suggesting that the two economic powers should help each other succeed rather than engage in a confrontational, lose-lose scenario. This sentiment was further illustrated through a traditional Chinese medicine analogy, highlighting the importance of balancing different elements for optimal outcomes.
Current Dialogue Status and Restrictions

Despite the escalating trade tensions, which have resulted in tariffs exceeding 100% in both directions and a range of trade, investment, and cultural restrictions, high-level dialogue between the US and China is not currently planned. While other nations are engaged in negotiations with Washington over tariffs, China has indicated that the US must demonstrate respect before any talks can commence, a condition that appears to be a prerequisite for de-escalation.

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Will China retaliate against US tariffs as warned?

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