China’s Foreign Ministry didn’t hold back Saturday, taking a sharp swipe at the Trump administration after US markets nosedived following a fresh tariff salvo.
Spokesperson Guo Jiakun posted a screenshot on Facebook showing the Dow Jones, S&P 500, and Nasdaq plunging over 5% on Friday—6% for the S&P, 5.5% for the Dow, and 5.8% for the Nasdaq—captioning it, “The market has spoken.” He slammed the US tariff hike as “unprovoked and unjustified,” urging Washington to ditch the trade war and seek “equal-footed consultation.”
The jab came hours after China unveiled a 34% tariff on all US imports, effective next week, retaliating against Trump’s latest escalation. A Chinese government statement, carried by Xinhua, doubled down Saturday night, accusing the US of wielding tariffs as “a weapon to exert extreme pressure and seek private interests.”
It branded the move “unilateralism, protectionism, and economic bullying,” claiming it shredded WTO rules, trampled global trade norms, and rattled the world economy.
“We don’t provoke trouble, but we’re not afraid of it,” the statement roared, vowing to shield China’s sovereignty and interests with “firm measures.” Rejecting tariff walls, it pitched “high-level opening-up” as the way forward, calling economic globalization “inevitable” and demanding “justice, not tyranny.”
The rhetoric flared as global markets reeled, with Friday’s US stock rout signaling investor panic over the spiraling trade clash. China’s message? The ball’s in Trump’s court—and the world’s watching.