China Vows ‘Resolute Measures’ After Biden’s New Tariffs

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Beijing criticized the White House’s move to increase US tariffs on a wide range of Chinese imports, vowing to take its own action, without giving specifics. “China will take resolute measures to safeguard its own rights and interests,” the Ministry of Commerce said in a statement. Stephen Engle reports on Bloomberg Television.
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Rich people's game, poor people's disaster.

taocook
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Imagine Chinese vehicles being bought here with 100% tariff. How overpriced are the USA autos that they need to have these tariffs against China to stay competitive?

benplumlee
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Syringes, needes, surgical gloves. Hospitals will now charge you 100x more for these items. Brilliant move.

_Negra_Arroyo_Lane
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😂😂😂 hey China ! We can’t compete 😂😂
American free markets only if we are ahead of you

bluefish
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You are making people and U.S. companies suffer. Stupid move.

brucel.
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U S A … Historical moment …. Bending the knee and admitting by Tariffs that it’s impossible to compete with China.

Muricans
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The government gets to collect increased tariffs, while people have to pay higher prices for goods regardless of whether they're made in the US or China. Lots of things we are using are not even produced here. If they intend to force Americans to by American-made goods, they better have domestic alternatives. Otherwise, people are paying higher prices for no reasons.

KingOfNaraka
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Show how competitive the US in a wide range of markets and products.

joem
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TESLA can't survive without China. Maybe it is time for China to show Uncle Sam a lesson.

wisdombites
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Crime (Up), Rent (Up), Groceries (Up), Black on Black Murders (Up), Woke (Up), Illegals (Up), Geo Political Worries (Up), Gas(Up), Average 9th Graders grade's last two years (Down)

nezozzw
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FAFO. China plays chess while the US plays checkers. The average American will suffer for this.

navado
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Our healthcare insurance cost is going up. Thank you Joe Biden

jdk
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Chinese products tremendously help struggling consumers in America, most big retailers gonna have to increase price as well

tristan
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The United States is forced to close itself off by China🤣🤣🤣

binbi
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THE FIRST LAW OF BUSINESS IS. DO NOT PICK WITH A FIGHT THE THE WORLDS LARGEST CONSUMER MARKET.

thomasrogers
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Americans will be paying for the Tariffs. Have they found alternative suppliers?

christopherbong
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It is only going to be more inflation until they figure out what other countries can supply those merchandise.

jemje
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guess where all the tariff money goes to. it goes to the USA government.
consumers pay for the tariff through higher prices, the tariff is collected by their own government. 😂👌
In a word America is taxing their own citizens. ✌

polysporin
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TIT FOR TAT!
Impose 100% tax on American car brands like Ford, Chrysler, Dodge . . .

DanBurgaud
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it's ok the US can afford the expensive stuff, while the rest of the world laughs at the US while enjoying the same goods at a cheaper price

WayneT