By Elaine Kurtenbach | Associated press
Bangkok (AP) – The president of the United States, Donald Trump and China, faced tariff walks and other reprisal movements on Tuesday, since those of governments were more strategies for brainstorming ideas to deal with the commercial war between world economic giants.
China said that “he will fight until the end” and will take countermeasures against the states to safeguard their own interests after President Donald Trump threatened with an additional 50% tariff on Chinese imports in reprisals for the ‘Liberinst of April 34 of Beijing. ‘Liberinst the 34 -Instoblash in Hibercerinst the 34 -inthinash’ Liberinst the 34 -Insthinstash ‘Liberinst the 34 -Instoblash in Hiberinst The 3 34 -Insthlash’ Libert The 34 -Instoblash in Hiberinst The 34 Liberinst The 34 -Instoblash in HIZERTS 34 LIBERALST THE 34 LIBERALST THE 34 LIBERALST THE 34 LIBERALST THE 34 LIBERALST THE 34 LIBERALST THE 34 LIBERALST THE 34 LIBERALST THE 34 LIBERALST THE 34 LIBERALST THE 34 LIBERALSTS THE 34 LIBERALSTST THE 34 LIBERALST THE 34 THE 34 THE 34 THE 34 THE 34 THE 3BERS ‘released in host.
“The threat of the United States to increase tariffs on China is an error in addition to an error and once again the chantajal nature of the United States. China will never accept this,” said the Ministry of Commerce in a statement that is read in the state station CCTV.
When asked about the possibility of conversations between Washington and Beijing, the spokesman for the Chinese Ministry of Foreign Affairs, Lin Jian, said: “I think what the United States has done is not that they are not not apply a will for a sincere dialogue, really judge or participate in the dialogue. Equality, mutual respect and mutual benefit.”
Meanwhile, Chinese state companies were told to help support the country’s financial markets after they were attacked by mass savings on Monday.
While the world markets calmed down a little after franty of selling around two commercial sessions that eliminated billion dollars in wealth, the leaders in Asia changed to the mode of control of damage.
Help for automobile and steel manufacturers in Japan
Japanese prime minister, Shigeru Ishiba, spoke with Trump on Monday night and then summoned a working group on Tuesday to mitigate the 24% damage of US rates imposed on Washington’s largest ally in Asia.
The Minister of Economic Revitalization, Ryosei Akazawa, was appointed main trade negotiator and the senior officials were sent to Washington to track the ishiba’s talk with Trump.
Ishiba told their ministers to do everything possible so that Trump will reconsider and also to mitigate the impact of the “reciprocal” rates of the United States, that they said that beer is a blow to all industries, the head of the Yoshimasa Hayashi cabinet told journalists.
India wants a deal
The Minister of Foreign Affairs of India, S. Jaishankar spoke with his American counterpart Marco Rubio on Monday night, launching for an early conclusion of negotiations for a bilateral commercial agreement.
India, which faces a 26% tariff on its exports to the United States, expects concessions as part of the trade agreement. A first section of the agreement for this fall is expected. Washington wants India to allow greater access to the open market for American dairy products and other agricultural products, but New Delhi has been disheveled since the agriculture used used most of the Indian workforce.
India’s Minister of Commerce, Piyush Goyal, planned to meet with exporters on Wednesday to measure the potential impact and cushion the economy of rates.
A statement of the State Department said that Rubio and Jaishankar discussed ways to deepen collaboration, tariffs and “how to move towards a fair and balanced commercial relationship.”
Answer ‘soft diplomacy’ of Malaysia promises
The Prime Minister of Malaysia, Anwar Ibrahim, said that his government and other Southeast Asian countries would send officials to Washington to discuss rates and was working to build a consensus on a unified response between the 10 members of the Southeast Asian Association of Southeast Asian as they convened an investment conference in Kuala Lumpur.
“We do not believe in Megáfona diplomacy,” said Anwar, “as part of our soft quiet compromise diplomacy, we will send our colleagues in the Asean in Washington to begin the dialogue process.”
Even so, the United States reprimanded, saying that Malaysia’s trade with the United States had long been a model of mutual gain, with their exports that support the growth of Malaysia, as well as high quality jobs for Americans. The 24% tariff recently imposed on imports in Malaysia was “damaging everyone” and could have a negative impact on both economies, he said.
Anwar said Malaysia would adhere to a policy of diversifying his trade in a moment of uncertainty about globalization and changing supply chains.
Hong Kong promises more, no less, open trade
In Hong Kong, which has a free trade policy and operates as a free port with few commercial barriers, executive president John Lee echoed Beijing when Trump’s tariffs explode as “intimidation” and “ruthless behavior without damage.
Lee said that the former British colony, which was under the control of Beijing in 1997, but has limited autonomy, would approach the Chinese continent more, will sign more free trade acreations and effort the Hitestment to Highere would be struggled more.
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Niniek Karmini and Edna Tarigan in Yakarta, Rajesh Roy in New Delhi, Mari Yamaguchi in Tokyo and Kanis Leung in Hong Kong.
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