Energy News
TRADE WARS
China to 'firmly counter' US trade pressure, foreign minister warns
China to 'firmly counter' US trade pressure, foreign minister warns
By James EDGAR
Beijing (AFP) Mar 7, 2025

China's foreign minister on Friday vowed Beijing would "firmly counter" US pressure, after Donald Trump heaped tariffs on Chinese goods and torched off a trade war between the world's two largest economies.

Trump imposed more blanket tariffs on Chinese imports this week, following a similar move last month -- levies expected to hit hundreds of billions of dollars in total trade.

The mercurial magnate has overturned the international order since returning to office in January, from pushing Ukraine to seek a peace deal with Russia to floating a widely condemned plan to relocate Palestinians from Gaza.

At a press conference on the sidelines of a key political meeting, China's foreign minister Wang Yi framed Beijing as a bulwark of stability in an unstable world.

He warned the "law of the jungle" could take hold if nations were to pursue purely their own interests.

Wang touted Beijing's cooperation with the United States in the fight against the fentanyl epidemic, in which Washington has accused China of being complicit in justifying its tariffs.

Washington should not "repay kindness with resentment, let alone impose tariffs without reason", he said.

"There are around 190 countries in the world," Wang said.

"Imagine if every country emphasised their own priority and believed in strength and status, the world would fall back into the law of the jungle."

He said the policy currently implemented by Washington was "not how a responsible major country behaves".

The Chinese top diplomat was speaking on the sidelines of the "Two Sessions" political meetings in Beijing, so far clouded by a new administration in the United States that is overturning the international order.

He told the attending press that good China-US economic and trade ties benefitted all parties.

"If you choose to cooperate, you can achieve mutually beneficial and win-win results," he added.

"If you use only pressure, China will firmly counter."

"China and the United States will both exist on this planet for a long time, so they must coexist peacefully," Wang stressed.

- 'No winners' in war -

The veteran diplomat, however, appeared to side with Trump's push for peace talks to end the conflict in Ukraine.

He also called for negotiations between all parties -- warning "conflict has no winners, and peace has no losers".

Beijing, he stressed, "welcomes and supports all efforts dedicated to peace".

And he urged all parties to seek a "comprehensive and lasting ceasefire in Gaza and increase humanitarian assistance".

Beijing has vowed to fight a trade war with the United States "to the end" as tariffs from Washington buffeted the global economy and threatened to hit Beijing's lagging growth.

The country's leaders set an ambitious annual growth target of around five percent this week, vowing to make domestic demand its main economic driver as the escalating trade confrontation with the United States hit exports.

They also raised the country's military budget by 7.2 percent as Beijing's armed forces undergo rapid modernisation and eye deepening strategic competition with the United States.

- Taiwan, South China Sea -

Among key flashpoints in the past year have been the self-ruled island of Taiwan, which Beijing claims.

Wang on Friday said the island's return to Beijing's control remained the "shared hope of all Chinese people, the general trend of the time, and a righteous cause".

"Using Taiwan to control China is just like trying to stop a car with the arm of a mantis," he said.

And he touched on another key flashpoint, the South China Sea -- which Beijing claims almost in its entirety despite an international arbitration ruling that declared its stance baseless.

Wang accused the Philippines, with which Chinese ships have repeatedly clashed in the disputed waters, of provoking confrontation.

"For every Philippine maritime operation, it is the forces outside of the region that write the script and the Western media that undertake the live broadcast," he said.

"The same old theatre is being used to discredit China," he said.

Related Links
Global Trade News

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
TRADE WARS
Hong Kong firm offloads Panama ports after Trump pressure
Panama City (AFP) Mar 5, 2025
Under fierce pressure from US President Donald Trump, Hong Kong firm Hutchison said Tuesday it had agreed to sell its lucrative Panama Canal ports to a US-led consortium. CK Hutchison Holdings said it would offload a 90-percent stake in the Panama Ports Company (PPC) and sell a slew of other non-Chinese ports to a group led by giant asset manager BlackRock. The sellers will receive $19 billion in cash, the company said in a statement. Hutchison subsidiary PPC has for decades run ports at Bal ... read more

TRADE WARS
South Africa, Indonesia say US withdrawing from climate finance deal

US ends waiver for Iraq to buy Iranian electricity

Trump's energy chief vows reversal of Biden climate policies

Indonesia plans $40 bn energy projects in 2025: minister

TRADE WARS
The quest for room-temperature superconductors

CATALYST Unveils INSIGHTS Vegetation Management to Strengthen Utility Grid Reliability

Developing materials for stellar performance in fusion power plants

Researchers are cracking the code on solid-state batteries

TRADE WARS
Berlin says offshore Chinese wind farm may pose security risk

Engineers' new design of offshore energy system clears key hurdle

Student refines 100-year-old math problem, expanding wind energy possibilities

Green energy projects adding to Sami people's climate woes: Amnesty

TRADE WARS
Solar technology can meet UK electricity demand without reducing farmland

Enhanced Thermal Resilience for Perovskite Solar Cells

Heat cycles shape perovskite cell durability

HKUST advances nanoscale research to enhance perovskite solar cell efficiency

TRADE WARS
Highly radioactive nuclear waste - preserving awareness for future generations

Spain under pressure to abort nuclear energy phase-out

Framatome advances nuclear fuel innovation as U.S. NRC reviews high burnup fuel report

Scientists craft breakthrough fuel for next-generation nuclear reactor

TRADE WARS
Eco friendly low-cost energy storage system from pine biomass

Why Expanding the Search for Climate-Friendly Microalgae is Essential

Solar-powered reactor extracts CO2 from air to produce sustainable fuel

Zero Emissions Process for Truly Biodegradable Plastics Developed

TRADE WARS
S.Sudan general, oil minister arrested in threat to peace deal

Leak at new gas field off Senegal, Mauritania

Nord Stream methane leak larger than initial estimates

Greenpeace, locals protest over gas leak off Senegal, Mauritania

TRADE WARS
Climate 'laggard' Ireland risks 26 bn euros EU fine: report

Nations fail to break deadlock on UN climate report timing

Hundreds of firings at key US climate agency: lawmaker

Europe's Greens have the blues as climate measures rolled back

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.