Beijing calls for ‘people’s war’ against US as Trump threatens tariffs on another $300 billion of Chinese goods in all-out trade battle

  • The US-China trade war has dramatically escalated over the past few days, with both sides announcing tariff increases on billions of dollars’ worth of each other’s goods.
  • Chinese state media — which functions as a Communist Party mouthpiece — issued a series of rabble-rousing statements on Monday accusing the US of “greed and arrogance” and calling for a “people’s war” against it.
  • President Donald Trump’s administration on Monday night threatened to impose tariffs of up to 25% on another $300 billion worth of Chinese goods.
  • If such tariffs were to be imposed, almost all Chinese imports to the US would be subject to tariffs.
  • Trump tweeted on Tuesday that his “respect and friendship” with Chinese President Xi Jinping was “unlimited” but that “this must be a great deal for the United States or it just doesn’t make any sense.

The US-China trade war continues to heat up, with Beijing calling for a “people’s war” against Washington and President Donald Trump threatening to impose tariffs on another $300 billion worth of Chinese goods.

https://www.businessinsider.com/trade-war-trump-mulls-more-tariffs-300bn-china-peoples-war-2019-5?utm_source=hearst&utm_medium=referral&utm_content=allverticals

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