
Lingering Resentment At Unequal Treaties Stiffens Chinese Resolve
“I thought that people were jumping a little bit out of line, they were getting yippy, you know ... a little bit afraid,” Trump said to reporters outside the White House. Markets soared immediately upon hearing the news.
But at the same time, a volatile new stage in America's trade war with China has emerged. The White House has excluded China from the pause and has hiked tariffs on all Chinese imports to 125%. This, Trump says, is because Beijing has shown “disrespect” to Washington and global markets.
Beijing, which has declared it will“fight to the end if the US side is bent on going down the wrong path”, was quick to respond. It has announced duties of 84% on American products and services, and has even floated the possibility of banning the import of Hollywood films.
What China's response has shown is that it is no longer the same country as it was in 2017, when Trump managed to obtain some trade concessions from it by imposing tariffs. Beijing seems more willing to strike back at Washington, as well as showing signs of being more proactive in its response to American measures.

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