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Australia has rejected China’s offer to work together to fight the president Donald Trump Prices.
“We are not about to make a common cause with China,” Australian Deputy Prime Minister Richard Marles said on Wednesday. “We are not going to hold out with China for any competition that takes place in the world.”
The Australian Minister of Defense, Richard Marles, listens to the meeting of the Ministers of Defense of Aukus to Old Royal Naval College, Greenwich, London, Thursday, September 26, 2024. (Kin Cheung / Pool via Reuters / Reuters)
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Trump issued a 90 -day break on prices for nations around the world – Except China. Australia is one of the countries which, for the next 90 days, will only face the reference rate at 10%.
Commercial relationship of Australia China puts the country in the middle of the rise in trade tensions.
According to the Australian Department of Foreign Affairs and TradeIn 2023, China bought $ 219 billion – or 32.5% – of Australia’s total exports worldwide. Meanwhile, the ministry data show that the United States represented only 6% of export sales in Australia.
Australian Prime Minister Anthony Albanese and Chinese President Xi Jinping speak while preparing for a group at the G20 summit in Rio de Janeiro, Brazil, November 19, 2024. (Reuters / Pilar Olivares / Photo / Reuters file)
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Earlier this month, before the price break, Australian Prime Minister Anthony Albanese said that Trump’s decision to impose a 10% rate was “not the act of a friend”. He also said that the prices had “no logic base”. However, the Albanians clearly indicated that its The government would not retaliate.
US President Donald Trump attended a bilateral meeting with Chinese President Xi Jinping at the G20 leaders’ summit in Osaka, Japan on June 29, 2019. (Reuters / Kevin Lamarque / Reuters)
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The Trump administration has adopted a particularly difficult position against China because it imposes prices around the world. As of April 10, Trump increased the price on Chinese imports to 125%, while Beijing put a price of 84% on American imports.
“Arming the prices to exert maximum pressure for selfish gains, the United States is launching against the rest of the world,” the Chinese Foreign Ministry wrote in an article on X, a prohibited social media platform in China. “China does not want a trade war, but we will fight if we owe it.”
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Trump is not easy in China, writing in an article on Truth Social that the increase in prices on Beijing is a direct response to the “disrespect” of the country for the global economy. The president made the comment in the post announcing his 90 -day break on prices for the countries of the world.
“At one point, hopefully, in the near future, China will realize that the days of tear in the United States and other countries, is no longer sustainable or acceptable,” wrote Trump.
