{"id":274900,"date":"2025-04-05T15:36:18","date_gmt":"2025-04-05T15:36:18","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/04\/05\/market-has-spoken-china-hits-back-at-trump-tariffs-as-global-markets-reel-warns-against-economic-bullying-the-times-of-india\/"},"modified":"2025-04-05T15:36:18","modified_gmt":"2025-04-05T15:36:18","slug":"market-has-spoken-china-hits-back-at-trump-tariffs-as-global-markets-reel-warns-against-economic-bullying-the-times-of-india","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/04\/05\/market-has-spoken-china-hits-back-at-trump-tariffs-as-global-markets-reel-warns-against-economic-bullying-the-times-of-india\/","title":{"rendered":"&#8216;Market has spoken&#8217;: China hits back at Trump tariffs as global markets reel, warns against &#8216;economic bullying&#8217; &#8211; The Times of India"},"content":{"rendered":"<div style=\"text-align:center\"><img decoding=\"async\" src=\"https:\/\/i2.wp.com\/static.toiimg.com\/thumb\/msid-120019271,imgsize-991218,width-400,resizemode-4\/Untitled-design-84.jpg?ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"&#8216;Market has spoken&#8217;: China hits back at Trump tariffs as global markets reel, warns against &#8216;economic bullying&#8217; &#8211; The Times of India\" title=\"&#8216;Market has spoken&#8217;: China hits back at Trump tariffs as global markets reel, warns against &#8216;economic bullying&#8217; &#8211; The Times of India\" \/><\/div><p> <br \/>\n<\/p>\n<div>\n<div class=\"MwN2O\">\n<div class=\"vdo_embedd\">\n<div class=\"T22zO\">\n<section class=\"D3Wk1  clearfix id-r-component leadmedia undefined undefined  VtlfQ\" style=\"top:0px\">\n<div class=\"D3Wk1\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"zPaFh\">\n<div class=\"wJnIp\"><\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>China issued a scathing rebuke to the United States over its tariff hike, accusing Washington of <!-- -->economic bullying<!-- --> and warning of serious consequences for the global trading system. The response came as a global stock markets tumbled, with China attributing the sharp declines to President Donald Trump&#8217;s latest round of tariffs.<br \/>China\u2019s foreign ministry spokesperson Guo Jiakun posted a screenshot on Facebook showing the Dow Jones, S&amp;P 500, and Nasdaq all falling over 5% on Friday, adding the caption, \u201cThe market has spoken.\u201d He called the <!-- -->trade war<!-- --> \u201cunprovoked and unjustified\u201d and urged the US to resolve trade disputes \u201cthrough equal-footed consultation.\u201d<br \/>The S&amp;P 500 dropped 6%, the Dow Jones fell 5.5%, and the Nasdaq plunged 5.8% \u2014 sharp sell-offs triggered by Trump\u2019s aggressive tariff move, which China said has intensified an already escalating trade war.<br \/>In response, China announced it will impose a 34% tariff on all US imports starting next week, joining a series of retaliatory actions. On Saturday night, Beijing escalated its criticism, issuing a strongly worded statement through the state-run Xinhua News Agency.<br \/>\u201cThe US uses tariffs as a weapon to exert extreme pressure and seek private interests. This is a typical act of unilateralism, protectionism, and economic bullying,\u201d the statement read. It accused Washington of \u201cseriously violating WTO rules\u201d and \u201cdamaging the rules-based multilateral trading system.\u201d<br \/>The statement added, \u201cWe do not provoke trouble, but we are not afraid of trouble. Pressure and threats are not the right way to deal with China.\u201d It vowed that Beijing would continue to take \u201cfirm measures to safeguard its sovereignty, security, and development interests.\u201d<br \/>China also signalled it would not retreat from global engagement, pledging to pursue \u201chigh-level opening-up\u201d despite mounting trade barriers. \u201cEconomic globalisation is the inevitable path for the development of human society,\u201d it said. \u201cThe world needs justice, not tyranny.\u201d<\/div>\n<p><script>\nvar _mfq = window._mfq || [];\n_mfq.push([\"setVariable\", \"toi_titan\", window.location.href]);\n!(function(f, b, e, v, n, t, s) {\n    function loadFBEvents(isFBCampaignActive) {\n      if (!isFBCampaignActive) {\n        return;\n      }\n      (function(f, b, e, v, n, t, s) {\n        if (f.fbq) return;\n        n = f.fbq = function() {\n          n.callMethod ? n.callMethod(...arguments) : n.queue.push(arguments);\n        };\n        if (!f._fbq) f._fbq = n;\n        n.push = n;\n        n.loaded = !0;\n        n.version = '2.0';\n        n.queue = [];\n        t = b.createElement(e);\n        t.async = !0;\n        t.defer = !0;\n        t.src = v;\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s);\n      })(f, b, e, 'https:\/\/connect.facebook.net\/en_US\/fbevents.js', n, t, s);\n      fbq('init', '593671331875494');\n      fbq('track', 'PageView');\n    };\n    function loadGtagEvents(isGoogleCampaignActive) {\n      if (!isGoogleCampaignActive) {\n        return;\n      }\n      var id = document.getElementById('toi-plus-google-campaign');\n      if (id) {\n        return;\n      }\n      (function(f, b, e, v, n, t, s) {\n        t = b.createElement(e);\n        t.async = !0;\n        t.defer = !0;\n        t.src = v;\n        t.id = 'toi-plus-google-campaign';\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s);\n      })(f, b, e, 'https:\/\/www.googletagmanager.com\/gtag\/js?id=AW-877820074', n, t, s);\n    };\n    function loadSurvicateJs(allowedSurvicateSections = []){\n      const section =  window.location.pathname.split('\/')[1]\n      const isHomePageAllowed = window.location.pathname === '\/' && allowedSurvicateSections.includes('homepage')\n      if(allowedSurvicateSections.includes(section) || isHomePageAllowed){\n        (function(w) {\n         function setAttributes() {\n                    var prime_user_status = window.isPrime ? 'paid' : 'free' ;\n                    w._sva.setVisitorTraits({\n                    toi_user_subscription_status : prime_user_status\n                        });\n                }\n         if (w._sva && w._sva.setVisitorTraits) {\n                    setAttributes();\n                } else {\n                    w.addEventListener(\"SurvicateReady\", setAttributes);\n          }\n          var s = document.createElement('script');\n          s.src=\"https:\/\/survey.survicate.com\/workspaces\/0be6ae9845d14a7c8ff08a7a00bd9b21\/web_surveys.js\";\n          s.async = true;\n          var e = document.getElementsByTagName('script')[0];\n          e.parentNode.insertBefore(s, e);\n        })(window);\n      }\n    }\n    window.TimesApps = window.TimesApps || {};\n    var TimesApps = window.TimesApps;\n    TimesApps.toiPlusEvents = function(config) {\n      var isConfigAvailable = \"toiplus_site_settings\" in f && \"isFBCampaignActive\" in f.toiplus_site_settings && \"isGoogleCampaignActive\" in f.toiplus_site_settings;\n      var isPrimeUser = window.isPrime;\n      var isPrimeUserLayout = window.isPrimeUserLayout;\n      if (isConfigAvailable && !isPrimeUser) {\n        loadGtagEvents(f.toiplus_site_settings.isGoogleCampaignActive);\n        loadFBEvents(f.toiplus_site_settings.isFBCampaignActive);\n        loadSurvicateJs(f.toiplus_site_settings.allowedSurvicateSections);\n      } else {\n          var JarvisUrl=\"https:\/\/jarvis.indiatimes.com\/v1\/feeds\/toi_plus\/site_settings\/643526e21443833f0c454615?db_env=published\";\n          window.getFromClient(JarvisUrl, function(config){\n            if (config) {\n              const allowedSectionSuricate = (isPrimeUserLayout) ? config?.allowedSurvicatePrimeSections : config?.allowedSurvicateSections\n              loadGtagEvents(config?.isGoogleCampaignActive);\n              loadFBEvents(config?.isFBCampaignActive);\n              loadSurvicateJs(allowedSectionSuricate);\n            }\n          })\n      }\n    };\n  })(\n    window,\n    document,\n    'script',\n  );<\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/international-business\/market-has-spoken-china-hits-back-at-trump-tariffs-as-global-markets-reel-warns-against-economic-bullying\/articleshow\/120019218.cms\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>China issued a scathing rebuke to the United States over its tariff hike, accusing Washington of economic bullying and warning of serious consequences for the global trading system. The response came as a global stock markets tumbled, with China attributing the sharp declines to President Donald Trump&#8217;s latest round of tariffs.China\u2019s foreign ministry spokesperson Guo [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":274901,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/static.toiimg.com\/thumb\/msid-120019271,imgsize-991218,width-400,resizemode-4\/Untitled-design-84.jpg","fifu_image_alt":"","footnotes":""},"categories":[604],"tags":[22615,168,173148,484,211871,377,9897,367,273,1602,9036,21467,211870,25799,18165,272,137667,52,146393,180443,5219],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/274900"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=274900"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/274900\/revisions"}],"predecessor-version":[{"id":274902,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/274900\/revisions\/274902"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/274901"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=274900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=274900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=274900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}