President Donald Trump China was called the “biggest abuser of all of them” when it comes to rates, adding a Monday to the truth that Beijing ignores his warnings “not to retaliate.”

Trump made the comment after Ministry of Foreign Affairs of China The United States accused the United States of “economic bullying” to impose a new 34% rate on the country last week. Bejing also announced his own 34% rates in the United States

“ Oil prices are diminishing, interest rates are diminishing (the FED’s slowness should reduce rates!), Food prices are decreasing, no inflation and the long time battered in the USA provides billions of dollars a week of countries that abuse rates that are already existing, ” said Trump on Monday morning.

“This despite the fact that the biggest abuser of all of them, China, whose markets crashed, has just raised their rates by 34%, as well as their ridiculously high rates (more!), Not recognizing my warning so that the abuse countries were not represented.” “For decades, they have done enough, taking advantage of the good ‘USA! Our’ leaders’ ‘leaders’ are to blame for allowing it and, therefore, to go to our country. Make America again great!”

China is retaliating with 34% rates to North -American Imports

President Donald Trump on the left and Chinese President Xi Jinping. (Getty Images / Getty Images)

The China Ministry of Foreign Affairs over the weekend struck the last Trump administration rates.

“When using these actions, the United States defy the fundamental laws of the economy and the principles of the market, ignore the balanced results achieved through multilateral Trade negotiations, It ignores the fact that the United States have substantially benefited from international trade and weapons weapons of rates to exert maximum pressure for selfish interests, “he said.

“This is a typical act of unilateralism, protectionism and economic bullying. Under the costume of” reciprocity “and” equity “, the United States are playing a zero sum game to pursue in essence” America first “and” American exceptionalism. ” Continued. “It seeks to exploit the rates to subvert the existing international economic and commercial order, to put the interests of the United States above the common good of the international community and to advance with the hegemonic ambitions of the United States at the expense of the legitimate interests of all countries.

“This action will inevitably face the widespread opposition of the international community,” he warned.

China stopped Tiktok’s treatment with rates: Report

President Donald Trump maintains a graph of “reciprocal rates” as he speaks during a commercial announcement event “Make America Wealthy Again” in the White House on April 2 in Washington, DC (Chip Somodevilla / Getty Images / Getty Images)

China He announced last week that he would impose his own 34% rates in the United States, which will take effect on Thursday, April 10.

“China was wrong, they panicized: the only thing that cannot be allowed to do,” Trump wrote in response to social truth.

Its Ministry of Foreign Affairs said that “China is an ancient civilization and a land of property and justice” and “the Chinese people value sincerity and good faith.

“We do not cause problems, we do not intimidate. Pressure and threat are not the correct way to deal with China,” he added.

A comment published on Monday at The People’s Daily, the official newspaper of the Communist Party of China, added that “the sky will not fall” and “facing indiscriminate taxes, we know what we are doing and we have tools at our disposal”, according to the Associate press.

China President Xi Jinping shakes hands with President Donald Trump before a bilateral meeting apart from the G20 summit in Osaka, Japan, in June 2019. (Brendan Smialowski/Afp/Getty Images/Getty Images)

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A Teneo analyst also said that “the abandonment of containment” in China’s response to the last rates that probably reflects “the diminished hopes for a trade agreement with the United States, at least in the short term.” CNBC It was also reported.