China's FM says concession and retreat will only make the bully more aggressive
More now on Yi urging BRICS nations to resist U.S. tariff pressure, warns against appeasement. Speaking at a BRICS meeting, Chinese Foreign Minister Wang Yi urged emerging-market countries to stand firm against U.S. tariff threats, warning that giving in would only embolden Washington. His comments underscored China’s firm stance against entering trade negotiations under pressure, even as U.S. Treasury Secretary Scott Bessent floated the possibility of banning certain exports to China to gain leverage.
Wang sharply criticized U.S. trade tactics, stating, “The U.S., which has long benefited enormously from free trade, is now going so far as to use tariffs as a bargaining chip to demand exorbitant prices from all countries.” He warned that appeasement would backfire, adding, “If one chooses to remain silent, compromise and cower, it will only make the bully want to push his luck more.”
This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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