Close Menu
  • Home
  • AI
  • Business
  • Crypto
  • Entertainment
  • Finance
  • LIfe
  • Market
  • Sports
  • US
  • Tech

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Strength of 20 Years: Love Letter to TechCrunch

June 12, 2025

How to deploy robots to automate warehouse networks

June 12, 2025

Waymo Rides costs more than Uber or Lyft, and people pay anyway

June 12, 2025
Facebook X (Twitter) Instagram
XMcnx
  • Home
  • About Us
  • Advertise with Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
  • Home
  • AI
  • Business
  • Crypto
  • Entertainment
  • Finance
  • LIfe
  • Market
  • Sports
  • US
  • Tech
XMcnx
Home » China will retaliate when new US tariffs come into effect
Finance

China will retaliate when new US tariffs come into effect

By supportApril 9, 2025No Comments1 Min Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
250317 Donald Trump Vl 413p 514cc6.jpg
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link


A former Biden administration official responsible for US policy on China warns that simultaneous trade attacks on Trump and dozens of countries could give China an edge on the world stage.

“The fact that the administration opposed nearly 70 countries at once makes us worry that it actually improved China’s position,” Rick Waters, deputy director of China’s Secretary of State in the last administration, told NBC News.

“If you chase your friends more vigorously than your opponent, you lose the leverage of taking those friends to your side and improving your position with your main competitor,” Waters told NBC News.

He said China has been “deeping for a long time.” He added that Beijing has other measures to hurt the US in return, such as stopping fentanyl cooperation.

“I think we’re just in a bad marriage that leads to some kind of financial divorce,” he said.

China is much more dependent on exports to the US than the other way around, but he said the US doubled tariffs on China would not force Beijing’s hands. “The Chinese are proud. They have a history of humiliation in the hands of foreign powers.”



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleAmazon’s Zoox launches Robotaxi testing in Los Angeles
Next Article Florida leads the final top 25 rankings
support

Related Posts

Finance

Renters are flooded with suburbs that can’t afford a home

By supportJune 12, 2025
Finance

“Shadow” Fed Chairs may come. Who it is and how the market responds.

By supportJune 11, 2025
Finance

JPMorgan’s Jamie Dimon warns that the US economy will soon “deteriorate”

By supportJune 11, 2025
Finance

Trump says China’s tariffs will stay high after two days of talks

By supportJune 11, 2025
Finance

An inflation report is expected to show whether businesses have listened to Trump’s call to “eat” tariff costs

By supportJune 11, 2025
Finance

Citing the trade war, the World Bank has rapidly downgraded its global economic growth forecast to 2.3%

By supportJune 10, 2025
Add A Comment

Comments are closed.

Don't Miss

Strength of 20 Years: Love Letter to TechCrunch

By supportJune 12, 2025

TechCrunch is 20 years old. I somehow were here half that time, and this was…

How to deploy robots to automate warehouse networks

June 12, 2025

Waymo Rides costs more than Uber or Lyft, and people pay anyway

June 12, 2025

Researchers confirm that two journalists have been hacked with Paragon Spyware

June 12, 2025
Top Posts

Cancelling the Joy Reed Show is “mistakes”

February 26, 2025

Black melodrama has a possibility

February 26, 2025

The “Facts of Life” star died in 83

February 25, 2025

Cara Sophia Gascon joins Oscar despite social media controversy

February 25, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

About Us
About Us

Welcome to XMcnx – your trusted source for insightful information about the world of Crypto, Market trends, the latest developments in the US, cutting-edge AI technologies, Tech innovations, and Finance.

At XMcnx, our mission is to provide you with timely, accurate, and relevant news and analyses that empower you to stay ahead in an ever-evolving digital world. We understand the challenges of navigating through the complexities of modern markets, technology, and financial systems. That’s why we’re dedicated to delivering high-quality content that helps you make informed decisions.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

Strength of 20 Years: Love Letter to TechCrunch

June 12, 2025

How to deploy robots to automate warehouse networks

June 12, 2025

Waymo Rides costs more than Uber or Lyft, and people pay anyway

June 12, 2025
Most Popular

TikTok announces it will go dark on Sunday without ‘definitive’ guarantees

January 18, 2025

President Trump mints $31 billion in new official $TRUMP crypto meme coin

January 18, 2025

El Salvador’s secret weapon? Stacey Herbert talks about the company’s extensive Bitcoin education program

January 18, 2025
  • Home
  • About Us
  • Advertise with Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 xmcnx. Designed by xmcnx.

Type above and press Enter to search. Press Esc to cancel.