China releases white paper on US trade & economic relations - Xinhua

This policy doesn't take into account that USA has services oriented economy, its simply export/import of goods. There is not a single country that has trade surplus with every country (and this is what Trump imagine gonna happen to USA), especially highly developed countries, as they rely on cheap labour and material costs in other countries, but are profiting from services and exporting high tech. Thinking Vietnamese can buy enough of expensive US stuff to keep up with trade deficit is wishful thinking at least (but more like pure stupidity).

Agree, US Citizens needs to grow a spine. Over reliance on imports is not sustainable. This model is already beginning to crack. Trillions in debt, jobs lost, loss of middle class.

Look, to the Americans who still wants to maintain the status quo. Continuing this path will lead you to bankruptcy. Grow a spine and change course. If however, you still insists on relying on China. Then Americans deserve their fate and that is a bankrupt America. Look at my profile, I'm a Filipino, not even an American. Why is it me a foreigner care more about your country than you do? There is something wrong with you people. There is tariff on the Philippines now 17% but this does not bother us because we or I understand your situation. You need balanced trade. Hopefully more Americans wake up to the situation.

for US citizen, be patient, you will pay more than before for consuming good, but this policy needed to refinance US debt

China’s release of a white paper on U.S. trade and economic relations signals a strategic move to shape global perception and clarify its stance. These kinds of publications often aim to influence international opinion while laying the groundwork for future negotiations. It’ll be important to see how the U.S. responds and whether this leads to constructive dialogue.

China says it will continue to take ‘resolute and forceful’ countermeasures as U.S. tariffs kick in

https://www.cnbc.com/2025/04/09/chin...-kick-in-.html

In other words.... Americans have to buy less (from abroad) now and if they (have to) buy something it should be more expensive US (made) goods.

Correct?

The orange oracle just adviced to buy.

Besides trying to sell Tezzlerzz in the White House garden, he also interfears in the stock markets. Manipulation?

In the US everything is permitted now. Pardon garanteed

In fairness and being non partisan on the subject. China isn’t squeaky clean , let’s be honest . It’s a major currency manipulator ( Japan also ) , it’s using third party proxies to circumvent tariffs/targets/ , not just for the US , also European countries .

It’s not alone, many countries do it , contravening WTO rules . Being an exporting nation, China and the US are intertwined- one can’t live without the other in this marriage , to use an analogy. This will remain the case until manufacturers and outsourcing in nation states is accepted by both countries and the corporate world .

The moment truthsocal releases a tweet about contact with the Chinese delegation or even a hint from an administration member ( official or unofficial) is going to cause huge volatility and a short squeeze . You have to tread very carefully at these levels .

Until then, the market prices risk off.

There’s so much manipulation going on at the moment

That's a great speech, now that you're done get off your soapbox and face reality. The USA is a consumer nation, it cannot produce the volumes it consumes. You said yourself the middle class is disappearing ergo these folks need to shop at Walmart and Target. Without cheap foreign merchandise stores like Walmart and Target don't work. I have worked all over the world and the laziest bunch of entitled workers I have ever come across are from the USA. This is a generalization, I'm sure that some are hard workers who aren't entitled but they are the minority. I am not stating this as a dig or an insult, I am saying it because the USA can never produce goods as cheaply and as good a quality as many foreign countries that supply them do. Its a simple fact. Especially now that ICE is raiding all the good workers who do a lot of the low paid jobs. Changing course is not an option unless they want to quit capitalism, which isn't going to happen. The system is in place, economies are global. This administration has neither the maturity nor the tact to navigate global markets crying no fair and taking the football and going home. This won't end the USA but it will weaken them economically, I see almost a decade of pain coming. 4 years of this shiteshow and then 4 years of a new administration in damage repair. Lets touch base again in 2035 and see how it all turns out

this is dated

Trump is just a business man not a good leader for America

“China white paper on US trade: It's normal for China & the US to have differences and fictions in economic and trade cooperation “

There’s certainly lots of “ fiction “ in economic policy .

china with pants at the ankles lol

shift of power from west to east.

China's white paper is a clear signal to other countries that IT is the reliable trading partner (beneficial trade agreements, investment, trustworthy/compliance requirements have been met, WTO aligned), while the US is not (unilateral tariffs, failing to honour commitments e.g. tech transfer). This and the Chinese soft-power policy and investment in emerging markets indicate a strong response to the Trump tariffs is likely.

So, in the short term, we'll continue to see volatility (for weeks if not months). In normal risk-off scenarios, the dollar should act as safe haven but it's being dumped. The markets are pricing in US recession/stagflation (if Trump policy is fully implemented then the latter seems likely), and the as yet unknown retaliation/escalation risk. Taking the markets as a whole (FX, equity markets and commodity futures) the US looks to be one of the biggest losers from prolonged trade disruption. Dollar weakness is likely to continue, at least short term, dependent on Fed policy, and Trump ideology vs the market.

Longer term, inflation and stagflation seem to be real risks to the US.

This trump will lose this game.. American market will dump in to shit

Now all world countries business against them

Its funny that China is more into free trade than USA right now lmao, world just took 180*. Dedollarization of the world incoming, Gaddafi very happy.

China becomes the leader of the free trade world now.

​On April 9, 2025, China's State Council Information Office released a white paper addressing China-U.S. economic and trade relations. The document emphasizes that the economic ties between China and the United States are mutually beneficial and have fostered a win-win relationship. It highlights the rapid growth in trade services between the two nations and underscores the extensive integration of their economies within the global industrial chain. The white paper asserts that equating a trade deficit to being taken advantage of is a misconception, emphasizing that the trade relationship has been advantageous for both countries. ​

In conjunction with the release of the white paper, China's Ministry of Commerce issued a statement declaring that while China does not seek a trade war with the United States, it is prepared to defend its interests if the U.S. continues to escalate tensions. The statement criticized the U.S. administration's imposition of a 104% tariff on Chinese goods, characterizing the move as blackmail and economic bullying. China emphasized that trade wars yield no winners and pledged not to allow harm to the legitimate rights and interests of its people. ​

The white paper also addresses concerns over U.S. unilateral and protectionist measures, criticizing the U.S. for backtracking on commitments in trade consultations. It underscores China's stance on pursuing reasonable solutions through dialogue based on equality and mutual benefit. The document highlights the detrimental effects of trade frictions on both countries and the global economy, noting that such disputes have led to decreased trade volumes and increased uncertainty in global markets. ​

China reiterates its commitment to resolving economic and trade differences through negotiation and consultation, advocating for mutual respect and cooperation to enhance mutual trust, promote cooperation, and manage differences effectively.

China’s Position on Some Issues Concerning China-US Economic and Trade Relations document link https://shortlynks.com/cQCMk

Correction, trump is the rich son of a business man who was a tv personality and a politician. Business is something he know very little about. He's got people for that. Fact is whenever he gets involved his companies go bankrupt. If he stays away the accountants can make money.

Usually the case when the Chinese come to the West.