Name: Trade War Escalates After China Puts Tariffs on US | China Uncensored
Uploaded: 2021-07-11T14:32:16.000Z
Duration: 7 min 52 s
Description: VoiceTubeの動画で発音を聞きながら英語表現を覚えよう！学べる英語：

Trying to force the US to back down in the trade war

And now he's calling on US companies to leave China

The Chinese Communist Party is not happy about

the US's latest tariffs on Chinese goods.

So they've launched new tariffs of their own—

of up to 10% on $75 billion worth of US goods.

And it came after the US unveiled tariffs

on an additional $300 billion of Chinese goods

scheduled to go into effect in two stages—

one in September and the other in December.

And the Chinese regime's new tariffs play on

people's fears of a recession ahead of the 2020 election.

But they forgot they were dealing with Tariff Man.

saying he would not only NOT withdraw the planned tariffs

but that he would levy EVEN MORE tariffs on Chinese goods.

"We're having a little spat with China and we'll win it.

We put a lot of tariffs on China today as you know,

And then Trump was off to attend the G7 summit in France.

On Monday, he gave a colorful explanation

for the logic of why China's one-upmanship

“When I raise and he raises, when I raise and he raises,

We have to balance our trading relationship

And we're never going to have a deal if that happens."

One of the ways the US-China trade relationship

is unbalanced is the $420 billion trade deficit with China.

In 2018, the US exported only $120 billion to China,

while imports from China were $540 billion.

But if this was just a trade imbalance problem,

China could buy more pork and soybeans from the US,

Which is to say, it's not just a trade imbalance problem.

According to the U.S. Trade Representative,

This is done in part through state-sponsored

It's also done through forced technology transfers,

where the Chinese regime forces foreign companies

Chinese state-run media has responded to these allegations

by accusing the US of using intellectual property

as “a weapon to contain other countries,

The US is complaining about China stealing from the US.

And now China is saying quit bullying us for stealing from you.

that if China doesn't start treating the US fairly,

he's willing to stop doing business with China entirely.

"You know, and I told this to President Xi,

This has to be a deal that's better for us.

we're taking in tremendous amounts of money.

said it would fight back against American tariffs.

The Communist Party's mouthpiece The People's Daily

"China is confident that it will follow its own path

countering any provocations by the U.S. side."

one person who sees their bromance crumbling

is former White House Chief Strategist Steve Bannon.

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Trade War Escalates After China Puts Tariffs on US | China Uncensored

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