Trump says China will be ‘hurt very badly’ if no trade deal
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President Donald Trump has warned Chinese President Xi Jinping and all of his "many friends in China" that the country “will be hurt very badly” if they don’t agree to a trade deal.
Trump tweeted on Monday after the countries failed to reach a deal in recent talks. The Trump administration has raised tariffs on $200 billion of Chinese imports after charging that China had backtracked on commitments it made in earlier negotiations.
Trump tweeted China “had a great deal, almost completed, & you backed out!”
Trump insisted the tariffs the US has placed on Chinese goods don’t hurt American consumers, saying there is “no reason for the US Consumer to pay the Tariffs”.
White House economic adviser Larry Kudlow acknowledged on Sunday that US consumers and businesses pay the tariffs. “Both sides will pay,” he told Fox News.
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Comments (22) Closed
May 13, 2019 05:19pm
Used car salesman talk, unbefitting of any President.
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May 13, 2019 05:26pm
Similarly, Pakistan will be 'hurt very badly' if no trade deal between US and China.
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May 13, 2019 05:51pm
Trump is always there for all the bad reasons. There is no word of positivity in his vocabulary.
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May 13, 2019 05:59pm
Good for India...
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May 13, 2019 06:14pm
"Trump says China will be ‘hurt very badly’ if no trade deal"
True. A trade deal is more important for China than for USA. For USA it is a matter of price of imported goods. For China it is a matter of survival.
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May 13, 2019 06:54pm
If this is not international bullying, I don't know what is.
China should take reciprocate measures against USA.
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May 13, 2019 07:44pm
Nice thumbnail of Donald Trump..
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May 13, 2019 08:04pm
These are called "scary tactics" which the wise, able and smart leaders of China fully know, realize and understand.
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May 13, 2019 08:06pm
Bullying tactics will not work this time, only bilateral dialogues will resolve any differences along with mutual respect and accepting sovereignty of other countries. Iran is not Iraq or Libya!
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May 13, 2019 08:42pm
The History is that in a trade war both sides suffer.
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May 13, 2019 08:47pm
@Swiss Neutral, ..... US business has created millions of new jobs in new industries which never before existed. Those are the new technologies China wants to steal.
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May 13, 2019 08:53pm
@Dr. Salaria, Aamir Ahmad, .... Scare tactics, not scary tactics. Where did you go to school?
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May 13, 2019 11:19pm
China is on cross road. Let's see which route China take in this conflict. One of them is likely to fall.
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May 14, 2019 12:08am
As we speak, hundreds of Chinese factories are on the verge of closing down, Chinese debt is rising and the Chinese economy is heading toward a collapse. Meanwhile here in the US, factories that were once closed are re-opening, economy is booming and unemployment is at historic low. The trade war between US & China may not affect the US at all or may affect it marginally but it will certainly destroy the Chinese economy and undo all the work China has done over the last few decades. Its time for the Chinese leadership to wake up and smell the coffee or face implosion.
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May 14, 2019 12:23am
@Dr. Salaria, Aamir Ahmad - As with everything else, you have a poor understanding of economic issues. These are not "scare tactics". The tariffs imposed by the US are already costing China $60 billion a year and if those tariffs are extended to all Chinese imports as expected, it will cost China $150 billion a year. That's more than twice of what China's spending on CPEC.
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May 14, 2019 01:42am
China is a massive manufacturing economy. Millions of Chinese people are employed by these industries and the Chinese companies MUST sell the products they manufacture. The US is primarily a consumer economy just like India is. The Chinese companies earn billions and billions of dollars by selling (dumping) cheap products in these countries. If the US government puts tariffs and make the Chinese products as expensive as locally produced products then the people in US will prefer US products for their superior quality. China cannot afford to lose out on the US consumer. It will be a disaster for the Chinese economy and for the Chinese government. They're the vulnerable ones in this trade war.
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May 14, 2019 03:33am
@Maboob Saleem, wonder if he did and also what type of doctorate he holds
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May 14, 2019 03:43am
China's loss can be Pakistan's gain. Are the Pakistani politicians smart enough to grab this opportunity? Or are they going to look to China for approval?
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May 14, 2019 05:00am
@M. Emad, talk about Bangladesh. Pakistan not your problem.You are a vassal of India.
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May 14, 2019 05:07am
@Dr. Salaria, Aamir Ahmad, all leaders understand bullying tactics except our leaders.
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May 14, 2019 05:08am
@Anti-Corruption_Pakistani, we are discussing China where did Iran come from?
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May 14, 2019 05:32am
This is going to be a one sided fight because one side dependent on the other for its survival.
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