Press "Enter" to skip to content

Trade tariffs: Chinese media in Trump ‘fools build walls’ jibe

Chinese media have mocked US President Donald Trump over plans to impose 25% tariffs on $50bn worth of Chinese goods, saying “wise men build bridges but fools build walls”.

Mr Trump announced the tariffs on Friday, accusing Beijing of intellectual copyright theft.

China retaliated, saying it would impose an additional 25% tariff on 659 US goods worth $50bn.

Stock markets fell after the announcements amid fear of a trade war.

The US had earlier warned that it will impose even more tariffs should China retaliate.

Mr Trump said the tariffs were “essential to preventing further unfair transfers of American technology and intellectual property to China, which will protect American jobs.”

The Chinese product lines that have been hit range from aircraft tyres to turbines and commercial dishwashers.

What is a trade war and why should I worry?
China vows fast response to US tariffs
G7 summit ends in disarray over tariffs
US tariffs a dangerous game, says EU
State-controlled media made a concerted attack on the new US measures.

“Following the path of expanding and opening up is China’s best response to the trade dispute between China and the United States, and is also the responsibility that major countries should have to the world,” said an editorial in Xinhua news agency.

“The wise man builds bridges, the fool builds walls,” it commented.

Social media users were quick to make light of the comment, with many making reference to the Great Wall of China.

The Global Times, meanwhile, said Mr Trump was disrupting the world order to appeal to voters who think he’s fighting for them.

However, the English-language China Daily said it hoped the worst could still be avoided.

“Given the frequent flip-flopping of the Donald Trump administration, it is still too early to conclude that a trade war will start,” it said.

The media response came as China announced tariffs on $34bn of US goods including agricultural products, cars and marine products which will also take effect from 6 July.

Tariffs on other US goods will be announced at a later date, Xinhua said.

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *