On Tuesday (April 8), China intervened sharply back to us by Vice President JD Vance over his recent remark that Americans borrow “money from Chinese peasants to buy things that Chinese peasants produce”.
The notes that were made during the discussion of the growing tariff war of Trump’s administration have caused extensive criticism in China, accusing Beijing of “unconscious and disrespectful”.
“What did the Globalist economy get the United States?” Vance said in an interview Fox News.
“In principle, it is based on two principles – a huge amount of debt to buy things that other countries do for us.”
“To make it a little brighter, we will borrow money from Chinese peasants to buy things that the Chinese peasants produce,” Vance added. “It is not a recipe for economic prosperity, it is not a recipe for low prices and it is not a recipe for good jobs in the United States.”
Beijing hits back: “Surprising and pitiful”
The Chinese Foreign Ministry did not stay in its response. Lin Jian spokesman said on Tuesday:
“Heard words that lack knowledge and respect, such as the one that this vice president is pronounced, is surprising and a little pitiful.
Lin said that comments reflect the misunderstanding of modern China and show a lack of respect for the Chinese.
“Pressure, threats and blackmail are not the right way to deal with China,” the ministry said in an official statement.
The tariff tension escalates
A sharp exchange comes in the middle of a deepening trade dispute between the two countries. The Chinese response followed by President Donald Trump’s threats to deposit another 50% of the Chinese import tariffs if Beijing does not return his recently stored 34% of mutual tariffs on American goods.
“If China does not publish its 34% increase over its long -term abuse of trading until tomorrow 8 April 2025, the United States deposits other tariffs to China 50%, effective on April 9,” Trump warned in social truth.
And the reaction of China was fast and strict. “If the US insists on escalation of a trade war, we will fight to the end,” Beijing warned.
Global Market Fallout
Trump’s tariff policy, which has spread to more American business partners, has been rattling global markets. Asia to Europe and the US stock exchanges recorded a steep decline last week after the announcement of 34% of the Chinese tariff, with trillions of market value deleted.
Long -term trade dispute
Trump’s administration claimed that the years of globalization have deepened the US industrial base, while Beijing says it responds only to unfair treatment and protectionism from Washington.
(Tagstotranslate) JD Vance Chinese peasants Note
