(4 Feb 2025)
RESTRICTION SUMMARY:
ASSOCIATED PRESS
Beijing – 4 February 2025
1. Various of traffic on street
2. Various of pedestrians on street
3. SOUNDBITE (Mandarin) Liu Yinjiu, insurance practitioner:
“It’s like you punch me and I punch you back. If it goes on back and forth like this, things may develop into serious consequences with the escalation of confrontations.”
4. SOUNDBITE (Mandarin) (first name not given) Wang, businessman on cross-border e-commerce:
“I don’t expect to return to the past, but at least the two sides should not increase tariffs surprisingly. It has really huge impact on our business.”
5. SOUNDBITE (Mandarin) Liu Pengling, IT engineer:
“I think it (China’s counter strike) is necessary, because enduring blindly may not be recognized by the other party. We should strike back properly so that we can sit down on an equal base for discussion.”
6. Pedestrians on street
7. SOUNDBITE (Mandarin) Liu Yinjiu, insurance practitioner:
“For China, we will definitely suffer from unnecessary losses and difficulties, but after previous experiences we know the game better. I believe we are able to find a way out with the wisdom and strength of the people of the whole country. I think it is not a huge problem.”
8. Wide of Beijing skyscrapers
9. Various of traffic
STORYLINE:
Beijing residents said they support the counter tariffs measure taken by China against the U.S. but remain worried about their economic situation spiralling.
China has countered President Donald Trump’s tariffs on Chinese products with tariffs of its own on multiple U.S. imports as well as announcing an antitrust investigation into Google and other trade measures.
China said it would implement a 15% tariff on coal and liquefied natural gas products as well as a 10% tariff on crude oil, agricultural machinery and large-engine cars imported from the U.S.
The tariffs would take effect next Monday.
“It’s like you punch me and I punch you back,” said Liu Yinjiu, an insurance business practitioner, who is worried that the tit-for-tat tariff war may lead to serious consequences.
He added that China’s previous experience of trade tensions during Trump’s first presidency meant the country knew what to expect.
“I don’t expect to return to the past, but at least the two sides should not increase tariffs surprisingly,” said a businessman in cross-border e-commerce, who only gave his surname as Wang.
“It has a really huge impact on our business.”
China and the U.S. had engaged in a trade war in 2018 when Trump raised tariffs on Chinese goods and China responded in kind.
Liu Pengling, an IT engineer, said the government’s counter strike against the U.S. is necessary.
“We should strike back properly so that we can sit down on an equal base for discussion,” said Liu.
AP video by Dake Kang and Wayne Zhang
===========================================================
Clients are reminded to adhere to all listed restrictions and to check the terms of their licence agreements. For further assistance, please contact the AP Archive on: Tel +44(0)2074827482 Email: info@aparchive.com.
Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Twitter: https://twitter.com/AP_Archive
Facebook: https://www.facebook.com/APArchives
Instagram: https://www.instagram.com/APNews/
You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/54129f84916e4d8d8a24273ec59faa74
Author: AP Archive
Go to Source
News post in February 9, 2025, 12:04 pm.
Visit Our Sponsor’s:
News Post In – News