US Vice President J. D. Vance said that the coming weeks will show whether China wants to start a trade war with the US or is willing to be “reasonable“.
“In the coming weeks, we'll learn a lot about whether China wants to start a trade war with us or actually wants to be reasonable. I hope they choose the path of reason“, Vance said in an interview with Fox News.
He called the situation “a delicate dance“, noting that a lot will depend on China's reaction. “If they respond in an extremely aggressive manner, I guarantee you that the president of the United States holds a lot more cards than the People's Republic of China. "If they are willing to be reasonable, then Donald Trump is always willing to be a reasonable negotiator," the vice president added.
On October 10, Trump announced that Washington would increase tariffs on Chinese products by 100%, effective November 1 or earlier, and would impose controls on software exports. This would bring total U.S. tariffs on Chinese products to 130%. According to the American leader, this would be a response to the "extremely aggressive stance" of the Chinese government. Beijing.
The Chinese Ministry of Commerce announced that the Chinese authorities would take decisive countermeasures if the U.S. president increased tariffs on Chinese goods by 100%.