‘US has long benefitted from free trade’: Chinese envoy slams 50% tariffs on India; calls them ‘unfair, unreasonable’

China took goal on the United States on Monday, sharply criticizing its 50% tariffs on Indian imports, calling the transfer “unfair, unreasonable” and making it clear that Beijing firmly opposes the transfer.China’s ambassador to India, Xu Feihong mentioned that Washington has long taken benefit of free commerce, however is now utilizing it as a weapon.Speaking at a seminar marking the eightieth Anniversary of the Victory within the Chinese People’s War of Resistance Against Japanese Aggression and the World Anti-Fascist War, Xu mentioned, “The United States has long benefited from free trade. But now it is using tariffs as a weapon to demand exorbitant prices… The 50% tariff on India is unfair, unreasonable, and China firmly opposes it.”The ambassador additionally careworn the significance of robust India-China ties for world improvement. “As the two most significant emerging economies, China and India should prioritise development and foster mutual support and success. This is what President Xi told PM Modi. PM Modi said that India-China cooperation will make the 21st century a genuine Asian century,” ANI reported him as saying.Xu’s remarks, delivered underneath the theme Learning from History to Safeguard the Light of Peace, Joining Hands to Chart a Blueprint for Development, highlighted the shared historical past of each nations and their dedication to peace and progress in Asia.His feedback come amid rising financial uncertainty after the US imposed a a further 25% levy on 27 August as a secondary sanction linked to India’s purchases of Russian crude. This got here on the highest of an already present 25% tariff on Indian imports to the nation, taking the whole to 50%.US President Donald Trump defended these measures and warned that “Phase-2” and “Phase-3” tariffs haven’t but been carried out towards nations sustaining commerce ties with Russia. Speaking at a White House press convention with Polish President Andrzej Duda, he mentioned the secondary sanctions on India focused Russia’s oil exports. “Would you say that putting secondary sanctions on India, the largest purchaser outside China, they are almost equal. Would you say there was no action? That cost hundreds of billions of dollars to Russia, you call that no action? I haven’t done Phase-2 yet or Phase-3,” he mentioned.Trump additionally reiterated his earlier warning that India might face “big problems” if it continued Russian oil imports. “Two weeks ago, I said if India buys, India has got big problems, and that’s what happens,” he added.In a separate interview on The Scott Jennings Radio Show, the US president additional claimed that New Delhi had supplied a “no tariff” deal following the US resolution to boost duties on Indian items. “India was the most highly tariffed nation in the world, and you know what, they’ve offered me no tariffs in India anymore. If I didn’t have tariffs, they would never make that offer,” he mentioned.Trump additional careworn that tariffs are important for rebalancing commerce. “China kills us with tariffs, India kills us with tariffs, Brazil kills us with tariffs. I’ve understood tariffs better than any human beings in the world,” he claimed. Further, describing the US-India commerce relationship as a “one-sided disaster,” he added that India had benefited disproportionately over a long time, whereas American firms struggled to enter the Indian market because of excessive duties. “They have now offered to cut their tariffs to nothing, but it’s getting late. Until now, it was a totally one-sided relationship for many decades,” he concluded.