Treasury chief urges Canada, Mexico to match US tariffs on China as deadline looms

I think it would be a nice gesture if the Canadians did it also - so in a way, we could have fortress North America from the flood of Chinese imports that's coming out of the most unbalanced economy in the history of modern times,

Bessent said

Pressuring, coercion and threat is not the right way to deal with China. Instead, mutual respect is the basic prerequisite,

embassy spokesperson Liu Pengyu said in a statement to Reuters

David McGuintypublic Safety Minister

We've made some very serious adjustments, investments, improvements on the border, and we spent the entire week for four days of meetings, communicating those results, communicating those improvements to our counterparts here in Washington,

McGuinty told reporters after meeting with Homeland Security Secretary Kristi Noem and border czar Tom Homan

It is also practical for China to further strengthen business ties with economies participating in the Belt and Road Initiative,

said Xu

China suffers from that, and the US suffers from that, and the whole world also suffers from that. There are some calculations that both the US and China lose some growth then from that tariff,

said Sun,

Adding new and expanded tariffs will harm working families."

Tiffany Smith, vice-president for global trade policy at the National Foreign Trade Council in Washington, told China Daily

We urge the US to avoid repeating the same mistake and return to the right path of resolving differences through equal dialogue. If the US persists in implementing the tariffs, China will take all necessary countermeasures to protect its interests,

the spokesperson added

China will likewise be charged an additional 10 percent tariff on that date,

he added, referring to March 4.

I do think one very interesting proposal that the Mexican government has made is perhaps matching the US on our China tariffs,

Bessent told Bloomberg Television in an interview

There are ongoing discussions with the Chinese, Mexico and Canada,

a White House official told Reuters on Thursday

China is one of the countries with the strictest and most thorough anti-narcotics policy in the world,

the statement read

If the U.S. side insists on going its own way, the Chinese side will take all necessary countermeasures to defend its legitimate rights and interests,

it said

But the U.S. side has always ignored these facts,

it said