China issues BIG WARNING against ‘law of the jungle’ ahead of Trump–Xi talks after US says 100% tariffs ‘off the table’
Trump and Xi are expected to meet in South Korea on Thursday to try to end the ongoing trade dispute between their countries. While travelling to Japan, Trump said he was hopeful that the upcoming meeting with Xi would lead to a deal.
Chinese Premier Li Qiang on Monday criticised “unilateral actions” in global trade and said the world should not go back to a time when “the strong bully the weak.” His comments came just days before a planned meeting between US President Doland Trump and Chinese President Xi Jinping. Speaking at the ASEAN Summit in Kuala Lumpur, Malaysia, Li said that globalisation and a multipolar world where power is shared among several countries, cannot be reversed. He warned the nations not to revert to “the law of the jungle” in case of trade. His remarks were seen as a response to the tariffs the Trump administration had earlier placed on many countries, including China.
Li’s statement came a day after both China and the United States announced that they had reached an “initial understanding” toward a possible trade agreement. The US also said that its 100 per cent tariff on Chinese goods was no longer being considered. He added, “I think we have a very successful framework for the leaders to discuss on Thursday.”
Trump had previously warned that if a deal was not reached by November 1, he would double down on tariffs against Chinese imports.
Trump and Xi are expected to meet in South Korea on Thursday to try to end the ongoing trade dispute between their countries. While travelling to Japan, Trump said he was hopeful that the upcoming meeting with Xi would lead to a deal.
100% tariff on Chinese goods ‘off the table’, says US
The United States has said that its plan to impose an extra 100 per cent tariff on Chinese goods is no longer being considered. US Treasury Secretary Scott Bessent told CBS News on Sunday that former President Doland Trump’s earlier threat of additional tariffs on imports from China “has gone away.”
These proposed tariffs were a response to China’s move to expand export controls on rare earth materials — key components used in electronics, defence, and other major industries.
“We had a very good two-day meeting,” Bessent said. “The additional 100 per cent tariff that was being discussed is now off the table. I believe that both the threat of those tariffs and China’s immediate plans to tighten global export controls have been dropped.”
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