Quotes
Every country is calling us. … ... If we would have asked these countries to do us a favor, they would have said no. Now they will do anything for us,
he told reporters on Air Force One
We should avoid launching a policy of counter-tariffs that could be damaging for everyone and especially for us,
he said, adding
This hurts the vulnerable and the poor,
UNCTAD Secretary General Rebeca Grynspan said in a statementThe trade and tariff war started by the U.S. against the world is unprovoked and unjustified,
he continuedThis practice of the U.S. is not in line with international trade rules, undermines China's legitimate rights and interests, and is a typical unilateral bullying practice."
The Chinese finance ministry said on Friday
The price hikes that will happen for Maine families—every time they go to the grocery store, they fill their gas tank, they fill their heating oil tank—if these tariffs go into effect will be so harmful. And as price hikes always do, they will hurt those the most who can afford them the least."
Senator Susan Collins, a Maine Republican, said on the Senate floor Wednesday
China is already reaching out to U.S. allies such as Japan, ROK [South Korea] and European countries to explore the alternative global order without U.S. as its leader. The reciprocal tariffs will give these countries a big push toward China to at least prepare alternatives. With the harsh policy of U.S., China suddenly looks much less hostile or evil."
Yun Sun, director of the China Program at the Stimson Center, told Newsweek earlier this week
Their [Asian countries'] growing role in the global economy historically has been seen as an important source of their economic development as well as a foundation for stronger ties with the United States. The Trump administration, instead, sees these countries as aggressors and itself as a victim in these relationships."
Scott Kennedy, senior adviser and trustee chair in Chinese Business and Economics at the Center for Strategic and International Studies (CSIS), told Newsweek in an email earlier this week
Nebraskans want free trade agreements, not trade animosity."
Representative Don Bacon, a Nebraska Republican, told Newsweek on FridayAlready, more than FIVE TRILLION DOLLARS OF INVESTMENT, and rising fast!"
The president wroteThe US should stop using tariffs as a weapon to suppress China’s economy and trade, and stop undermining the legitimate development rights of the Chinese people,
the ministry said
China has been hit much harder than the USA, not even close. They, and many other nations, have treated us unsustainably badly. We have been the dumb and helpless ‘whipping post’ but not any longer,
Trump statedFor all imported goods originating from the US, an additional tariff of 34 percent on top of the current applicable tariff rate will be imposed,”
Beijing’s finance ministry declared ... starting 10 AprilThings were going very well,
he insisted, even as markets tumbled, spending Friday at a golf courseWhat these tariffs are going to do is make the cost of production much more expensive,
What they're saying ... University of Rhode Island economist Nina Eichacker wrote in a Saturday blog post
Whether we will have a recession or not depends on the duration of this shock,
Apollo chief economist Torsten Slok wrote FridayTHIS IS AN ECONOMIC REVOLUTION, AND WE WILL WIN. HANG TOUGH, it won't be easy, but the end result will be historic,
the president wroteWe are bringing back jobs and businesses like never before."
He touted his sweeping new tariffs, saying
The Chinese people believe in treating others with sincerity and taking trust as the basis. We do not provoke trouble, but we are not afraid of trouble. Pressure and threats are not the right way to deal with China. China has and will continue to take firm measures to safeguard its sovereignty, security and development interests,
the statement said
When you have a crisis of confidence, the confidence of global companies that have announced investments in the U.S., they are going to pause,
he said