China hits back at Canada with fresh agriculture tariffs
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ety
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Refuse to be a vanguard in the resistance of China ! Japan's latest attitude in resisting Trump's pressure revealed
12:13 2025/04/25 China Times News
Xu Tingying
US President Trump's tariffs have shocked the world. (Photo/Associated Press)
Japan plans to resist U.S. President Donald Trump’s attempts to build an economic alliance against China because of Tokyo’s important trade relationship with Beijing, according to current and former Japanese government officials.
According to foreign media reports, like many other countries, Japan is trying to address U.S. concerns by adjusting bilateral trade areas (such as automobiles and agriculture) in exchange for permanent exemption from the Trump administration's tariff measures. The officials, who spoke on condition of anonymity because they were not authorized to speak, said Japan was working to reach a deal before the end of the current 90-day tariff grace period, with one official noting Japan hopes to finalize a deal before a Group of Seven summit in June.
At the same time, officials also stressed that Japan does not want to be involved in the US's extreme pressure strategy against China and does not want to sacrifice economic ties with mainland China in order to cooperate with the United States. Mainland China is Japan's largest trading partner and an important source of goods and raw materials.
Although the United States has not formally asked Japan to cooperate in containing China, Japanese officials said that if such a request arises, Japan will prioritize its own interests. One of the officials added that Japan has repeatedly told China that it is not fully in agreement with the United States on semiconductor export restrictions and chip issues.
In fact, as early as 2010 during the Japan-China political dispute, China restricted the export of rare earths to Japan, which had a huge impact on Japan's manufacturing industry. Since then, Japanese industry and the government have actively promoted the diversification of the supply chain and turned to investment in Australia and other places to reduce dependence on China.
Recently, in response to US punitive tariffs, Beijing has once again included seven kinds of rare earths on its export control list, making Japan highly alert to similar supply restrictions. Saito said he had asked Chinese officials to make the "right decision" on handling rare earths.
Japan is walking a tightrope between the United States and China. On the one hand, it relies heavily on China as an economic partner. On the other hand, the United States is its only formal security ally, and the largest overseas U.S. military base is located in Japan. Recently, Trump once again asked Tokyo to "share more of the cost of stationing troops," reiterating his long-standing claim.
However, it would be a heavy blow to Japan if Washington asked Tokyo to weaken its economic ties with China. Yu Uchiyama, a professor of political science at the University of Tokyo, said: "If Japan's trade with both the United States and China shrinks, it will have a huge impact on the economy. If policymakers say, 'We are giving up on China,' the business community will of course strongly oppose it."
拒當抗中馬前卒！日本擋川普壓力 最新態度曝光 - 國際
根據多位現任與前任日本政府官員透露，日本計劃對美國總統川普試圖組建對抗中國的經濟聯盟之舉採取抗拒態度，原因是東京與北京的貿易關係極為重要。綜合外媒報導，與許多其他國家一樣，日本正試圖透過調整雙邊貿易領
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ety
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Foreign Ministry Spokesperson Guo Jiakun’s Regular Press Conference on April 25, 2025
Updated: April 25, 2025 18:55
Global Times: It’s reported that talks continue between the U.S. and China on tackling the fentanyl issue, but the Chinese are failing to negotiate in good faith. The U.S. might consider additional punitive measures to compel China to take meaningful action. This is according to U.S. officials familiar with the matter. What’s your comment?
Guo Jiakun: Fentanyl is the U.S.’s problem, not China’s. The U.S. and the U.S. alone has the responsibility to solve it. Despite the goodwill China has shown, the U.S. slapped tariffs on Chinese imports and blames it on fentanyl. This is bullying through and through, and highly damaging to dialogue and cooperation on counternarcotics. The U.S. should know that vilifying others will not hide its failed responsibility, to punish those who try to help will not solve any problem, and intimidation or threats are certainly not the right way to engage with China.
Reuters: I have two questions. The U.S. side said that trade talks between the U.S. and China are ongoing and a White House official said lower-level in-person talks as well as a phone call between U.S. and Chinese staff have taken place this week. Has the U.S. tried to reach out to the Chinese side? If so, is China willing to engage in trade talks? Second question, China is considering exempting some U.S. imports from its 125 percent tariffs and is asking businesses to identify goods that could be eligible. Can China confirm this?
Guo Jiakun: On your first question, yesterday, both my colleague at the Ministry of Commerce and I gave a clear answer to this question. China and the U.S. are not having any consultation or negotiation on tariffs. The U.S. should stop creating confusion.
On your second question, I am not aware of the specifics. I’d refer you to competent authorities.
Updated: April 25, 2025 18:55
Global Times: It’s reported that talks continue between the U.S. and China on tackling the fentanyl issue, but the Chinese are failing to negotiate in good faith. The U.S. might consider additional punitive measures to compel China to take meaningful action. This is according to U.S. officials familiar with the matter. What’s your comment?
Guo Jiakun: Fentanyl is the U.S.’s problem, not China’s. The U.S. and the U.S. alone has the responsibility to solve it. Despite the goodwill China has shown, the U.S. slapped tariffs on Chinese imports and blames it on fentanyl. This is bullying through and through, and highly damaging to dialogue and cooperation on counternarcotics. The U.S. should know that vilifying others will not hide its failed responsibility, to punish those who try to help will not solve any problem, and intimidation or threats are certainly not the right way to engage with China.
Reuters: I have two questions. The U.S. side said that trade talks between the U.S. and China are ongoing and a White House official said lower-level in-person talks as well as a phone call between U.S. and Chinese staff have taken place this week. Has the U.S. tried to reach out to the Chinese side? If so, is China willing to engage in trade talks? Second question, China is considering exempting some U.S. imports from its 125 percent tariffs and is asking businesses to identify goods that could be eligible. Can China confirm this?
Guo Jiakun: On your first question, yesterday, both my colleague at the Ministry of Commerce and I gave a clear answer to this question. China and the U.S. are not having any consultation or negotiation on tariffs. The U.S. should stop creating confusion.
On your second question, I am not aware of the specifics. I’d refer you to competent authorities.
Davey Crockett
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Davey Crockett
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Davey Crockett
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ety
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Walmart has notified Chinese suppliers to resume shipping goods - report
- The move came after major retailers met with the White House
https://www.forexlive.com/author/adam-button/Last week, major US retailers including Walmart, Target and Home Depot met with the White House. Shortly afterwards, the stock market turned around, leading to an extremely strong week in the S&P 500.
Today, Hong Kong based Ming Pao (a reputable newspaper) reports from the Canton Fair, which is an import/export fair and reported that:
- Walmart has already notified Chinese suppliers to resume shipping goods that had been temporarily suspended due to the tariff war
- several exporters independently mentioned it
- all tariffs are paid by the buyer (Americans)
- A ceramics shipper said only seasonal products are being resumed
Walmart has notified Chinese suppliers to resume shipping goods - report | investingLive
The move came after major retailers met with the White House
Menthol
Trusted Member
Walmart has notified Chinese suppliers to resume shipping goods - report
Adam Button Saturday, 26/04/2025 | 14:51 GMT-7
- The move came after major retailers met with the White House
View attachment 115076 https://www.forexlive.com/author/adam-button/
Last week, major US retailers including Walmart, Target and Home Depot met with the White House. Shortly afterwards, the stock market turned around, leading to an extremely strong week in the S&P 500.
Today, Hong Kong based Ming Pao (a reputable newspaper) reports from the Canton Fair, which is an import/export fair and reported that:
It's hard to shake the sense that many people were trading last week on inside information, or at least a strong belief that the White House will substantially ease tariffs. If that's the case, we could see some 'sell the fact' action if/when it's announced.
- Walmart has already notified Chinese suppliers to resume shipping goods that had been temporarily suspended due to the tariff war
- several exporters independently mentioned it
- all tariffs are paid by the buyer (Americans)
- A ceramics shipper said only seasonal products are being resumed
Walmart has notified Chinese suppliers to resume shipping goods - report | investingLive
The move came after major retailers met with the White Housewww.forexlive.com
Good shipments to USA decreased by 50%.
Falling shipments led to undersupply, undersupply led to price increase.
Then after 90 days of tariff suspension, prices will rise again.
It's not a doomsday for American citizen, it's the reality of people around the world who live under USD dominant.
I don't feel sorry for American citizens.
Beijingwalker
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ety
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They deserve it. They voted for him twice knowing what he would do in his terms. The world is only talking about goods trade, but no one is talking about service trade that US has huge surplus. Trump is setting the agenda and the whole world is following it without question.
Menthol
Trusted Member
Does American citizen hate China because of economy competition?
That leads to currency devaluation, inflation, job loss, etc.
Don't be!
I don't hate Malaysia, Vietnam, Pakistan, etc, despite they are my country economy competitors.
That leads to currency devaluation, inflation, job loss, etc.
Don't be!
I don't hate Malaysia, Vietnam, Pakistan, etc, despite they are my country economy competitors.
ety
Trusted Member
Wang Yi: Compromise and retreat will only make the bully more aggressive
Ministry of Foreign Affairs website
2025-04-29 06:44:00 From Beijing
1425 people participated
On April 28, 2025 local time, Foreign Minister Wang Yi attended the BRICS Foreign Ministers' Meeting in Rio de Janeiro and expounded China's position on upholding multilateralism and maintaining multilateral trade rules.
Wang Yi said that multilateralism is the cornerstone of the post-World War II international order, and unity and cooperation are the greatest common denominator of the international community. However, some countries have seriously deviated in their perception of the world. The United States pursues unilateralism, puts its own interests first, and puts its own interests above international public interests. The current international system supports world stability and prosperity, but the United States, as the biggest beneficiary of this system, is moving in the opposite direction. People have seen that the law of the jungle where the strong prey on the weak is openly present, coercion and bullying no longer need to be disguised, and the foundation for the development of international relations is under continuous threat.
Wang Yi stressed that maintaining multilateral trade rules is the most pressing issue at present. The essence of trade is complementary advantages, mutual benefit and win-win results. It is not a calculation of who suffers a loss and who gains an advantage, and it must not be a tool to achieve personal gain. The United States has long benefited greatly from free trade, but now it is using tariffs as bargaining chips to demand exorbitant prices from other countries. If you choose to remain silent, compromise and retreat, it will only allow the bully to become more aggressive. The BRICS countries should jointly oppose all forms of protectionism, firmly safeguard the rules-based multilateral trading system with the World Trade Organization at its core, uphold its core values and basic principles, and promote the liberalization and facilitation of trade.
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