China says ‘bullying’ tariff hike shows some in US are ‘losing their minds’
BEIJING: A US move to raise tariffs on Chinese goods is a sign of weakness, not of strength, and shows that some in the United States may be “losing their minds”, China’s foreign minister said on Wednesday (May 15), in unusually blunt comments.
US President Joe Biden on Tuesday unveiled steep tariff increases on Chinese imports including electric vehicle (EV) batteries, computer chips and medical products, risking an election-year standoff with Beijing as he woos American voters who give his economic policies low marks.
China immediately vowed retaliation.
“This is the most typical form of bullying in the world today! It shows that some people in the United States have reached the point of losing their minds in order to maintain their unipolar hegemony,” Foreign Minister Wang Yi said, according to a statement published by state broadcaster CCTV.
“The US’s suppression of China does not prove that the US is strong, but rather exposes that the US has lost its self-confidence and is out of order,” he said.