President Xi Jinping called for the European Union to join China in standing against what he described as “bullying” tactics, signaling a broader effort to align with other trade partners.
On Friday, China’s commerce ministry officially announced the hike from the previous 84% tariff, calling it a firm step in its promise to “fight to the end.” The statement hinted this could be China’s final tariff escalation, declaring that “at the current tariff level, there is no market acceptance for US goods exported to China.”
“If the US continues to impose tariffs on Chinese goods exported to the US, China will ignore it,” the ministry added, while also hinting at the possibility of other forms of retaliation.
US Exclusion Sparks Broader Talks
President Trump’s decision to exempt dozens of countries from his sweeping global tariffs—while continuing to raise levies on China—has sparked outrage in Beijing. The US tariff rate on Chinese goods now totals 145%, following consecutive hikes in recent weeks.
In response, Chinese officials are reportedly reaching out to other nations in an attempt to form a broader coalition against Washington’s trade policy. This outreach underscores Beijing’s growing concern about long-term isolation from major trading networks.
While China’s latest statement suggests the tariff war may have peaked in terms of direct economic measures, the warning of “other countermeasures” points to a prolonged standoff with global repercussions.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/china-will-ignore-u-s-further-tariff/