🇨🇳 China hits back after US tariffs on Chinese imports | Al Jazeera English

Stock markets in the US and China have plunged over fears of a trade war between the world's two largest economies.

Beijing is hitting back at Donald Trump's order to impose $60bn worth of tariffs on Chinese imports.

China is planning $3bn of levies on American products, including pork and steel.

Al Jazeera's Scott Heidler reports from Shanghai.

[MrNepalChhanel]

Nepal always behind China.
love from Nepal.

[patrickbangura]

China go on we the Africans were with you, because you help Africa to great again, thank you from France.

[pakistanpower]

Long live Pakistan China friendship irons brothers 🇵🇰🇨🇳💪💪😎

Ameridick will be high on unemployment no one win the war.

[abdiwahabadan]

The best part is that china is not as hypocrite as America every one believes in it.

[hammondthink]

Xixi is doing great! Showing muscle to man baby trump

[mr.boomguy]

Trump doesn't realize.
It's cheaper to work together, then to fighting each other.

[Onetazien]

Regarding the so called “BRICS-States”, which consists of Brazil, Russia, India, China and South Africa (with a total population of at least 3 billion people) and the treaties they signed in July 2014, it is to say that it could and probably would be the beginning of a new world economy “order”, with especially China as the new world superpower.

The BRICS-States, as well as Argentina and Kazakhstan, both of which recently applied to become a part of this “alliance”, will probably become the new economic powerhouse in the world within the next 30 years by outperforming the Western civilizations, especially Europe and the USA. The irony of this progress is that it’s precisely the United States of America and the European Union that have mainly, but unintentionally, been initiating this ongoing process by neglecting these emerging states with the typical arrogant, bigheaded and egomaniacal attitudes of the Western civilisations against the emerging economies, especially regarding the disadvantages these states have to cope with because of being treated by the BRD (International Bank for Reconstruction and Development) and the IMF (International Monetary Fund) in the same dishonourable and unfair manner.

Due to this fact, on 15 July 2014 in Brazil, the BRICS-States therefore
founded their own BRD or “World Bank” which is named as the “New Development Bank” (NDB) with the headquarters in Shanghai, China, with the purpose of acting as a counterbalance to the BRD and the IMF. This crucial foundation and other further actions in the near future will provide and support the BRICS-States and other emerging and aspiring countries to probably become the new economic and political powerhouse of the world.

[bulink]

I am a Chinese and I think you Americans should be proud of your great president for he is making America great again👏👏👏

[MegaAli]

Fair trade go trump I’m proud of you 👍

[hnb]

Well China we can be friends 😁 Love from India.

[davidb]

Time to suck it up and get it done. This is something that should have been fixed long long time ago.

[tnwong]

China products are cheap and good and they keep improving, without China, today you will be monopolies and pay for the same things maybe 2-3 hundred percent higher, you should appreciate, go and visit China and see for your self.

[arcadiaarcadia]

Americans are not very smart.. you cannot win against a Chinese businessman. Do you think those manufacturers from Indonesia, Pakistan, Bangladesh, Egypt and now the emerging African countries, who do you thing own those factories? As China’s manufacturing gets expensive it already moved the low end manufacturing overseas and will still overtake the US market.. China is at phase 2 of high tech manufacturing with its One Belt initiative, US is becoming less and less relevant . You’ve fallen to every single trap the Middle Kingdom set up for you.. China is playing a 3 dimensional chess while America is playing TicTacToe and thinks its winning LOL PATHETIC!

[TheGQBrotha]

The 2017 trade figures between China and US. China exported $506 billion to America, while the US exported only 130 billion to China. That is a net $375 billion dollars for China. Now who stands to lose more in a trade war based on those numbers. That’s what I thought.

[Shenzhou.]

Chinese workers help manufacture products like smartphones, computers, electronics, appliances, clothing, sneakers, toys, etc, to help lower the cost of living in other countries. Think of the millions of dollars people have saved on living expenses over the years, thanks to Chinese goods, and the saved money on Chinese goods could be spent on things like cars, houses, getting married, etc.

[csifresno]

Tbh, Chinese trade policies have been ripping off the world for a long time

[TheGQBrotha]

To show you how much the current situation benefits China Trump signed into policy $50 billion in tariffs and policies to deal with this issue with China, the Chinese could only muster a mere $3 billion in retaliatory action. Shouldn't that tell us how much it is the Chinese that are benefiting in the current trade framework folks.

I welcome all this, maybe we can start seeing less US companies who went to China for cheap labor, sending cheap, junk products back to the US market and maybe even less all those overpriced iPhones. China is a pig at the trough, its just that Trump finally had the balls to do what previous administrations couldn't. Chinese style of government only respects strength, not weakness and indecisiveness. I am not a fan of Trump by any stretch, but even I have to admit enough is enough with China's trade surplus and double standard policies.

[tedchyn]

Both Germany and Japan have higher standard of living and wages than the US. If the trade is so unfair, why have these two countries managed to run a trade surplus against China? It is because they have invested in studying the market, learning how to speak the local language and custom, and work tirelessly with customers and US business did none of these.

[lovelacetom]

Wait ... fight back? $60bn vs $3bn =5% this is not fight. a punch vs a finger...