Donald Trump is set for a rude awakening as China “will not blink” in launching a “total war” against his extortionate tariffs, according to a pro-Beijing commentator. Ahead of trading Wednesday, China’s Yuan plummeted to the lowest level seen since 2007 after Trump responded to Beijing’s retaliatory 34 per cent tariff with an additional 50 per cent tariff, raising the total tariff to 104 per cent.
On Tuesday night, the president launched a defiant diatribe at the National Republican Congressional Committee dinner in Washington. He belligerently proclaimed: “These countries are calling me up, kissing my ass…they are dying to make a deal… They are, they are dying to make a deal.
“Please, please, sir, make a deal. I’ll do anything. I know what the hell I’m doing. I know what I’m doing, and you know what I’m doing too.” However, China won’t cow to Trump’s aggressive tactics, according to the vice-president of the Center for China and Globalization Victor Gao.
He told BBC’s Newsday programme: “President Trump and his administration must wake up to sanity and use reason rather than maximum bullying against China and so many other countries.” Gao says the People’s Republic of China “will not blink” in Trump’s game of chicken, and that the way Chinese society is structured will see Beijing be the victor.
“There is no panic buying in China, whereas you have massive amount of panic buying in the United States,” he said, adding: “China is a stabilising force, whereas the United States is fast being perceived as a disruptive force.” He also stressed that one of Trump’s motives, to bring work back to the US, will be unsuccessful.
In China, the president has found a formidable opponent. In 2024, Beijing shattered its year-on-year increases after its exports for reached 43.85trillion yuan (around $6.1trillion), establishing itself as the leading trading nation in goods. Its main trading partners last year were the US, Hong Kong, Japan, South Korea and Vietnam.
China reacted with fury to the president’s “Liberation Day” measures last week when the nation was slapped with a 34% tariff – hitting Washington with reciprocal measures. Trump did not take kindly to the reaction and this week threatened to slap China with new 50 per cent tariffs unless Beijing halts its retaliatory measures set to hit US exports. His deadline was last night ignored and so he doubled down, hitting China with massive 104 per cent tariffs.
However, in a post on his own Truth Social account, Trump went on to claim China “very badly” wants a deal in a post about South Korea. The president claimed: “I just had a great call with the Acting President of South Korea.
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“We talked about their tremendous and unsustainable surplus, tariffs, shipbuilding, large scale purchase of US LNG, their joint venture in an Alaska Pipeline, and payment for the big time military protection we provide to South Korea.
“They began these military payments during my first term, Billions of Dollars, but Sleepy Joe Biden, for reasons unknown, terminated the deal. That was a shocker to all! In any event, we have the confines and probability of a great DEAL for both countries.
“Their top team is on a plane heading to the US, and things are looking good. We are likewise dealing with many other countries, all of whom want to make a deal with the United States. Like with South Korea, we are bringing up other subjects that are not covered by trade and tariffs, and getting them negotiated also.
“ONE STOP SHOPPING” is a beautiful and efficient process!!! China also wants to make a deal, badly, but they don’t know how to get it started. We are waiting for their call. It will happen! GOD BLESS THE USA.”
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