Speaking at an international forum in Beijing on Tuesday, Chinese Premier Li Qiang blamed tariffs – implicitly President Donald Trump’s tariffs – for dealing a “severe blow” to the world economy.
Many of the attendees were at least as concerned about China’s predatory trade practices, including a tidal wave of exports that boosted China’s trade surplus to over a trillion dollars.
President Trump imposed heavy tariffs on China after he returned to office this year, and those tariffs led to a significant decline in Chinese exports to the United States. Chinese customs officials reported shipments to the U.S. declined by 28.6 percent year-on-year…
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