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China’s President Xi Jinping has urged Vietnam to work with Beijing to oppose “unilateral bullying”, in a thinly veiled criticism of Donald Trump’s imposition of high tariffs on trading partners.
Xi made the remarks in a gathering with Vietnam’s Communist party chief To Lam in Hanoi, Chinese state news agency Xinhua reported late on Monday.
Xi is visiting south-east Asia this week, his first foreign tour of the yr, aiming to reassure trade partners and strengthen ties with export-dependent countries rattled by Trump’s sweeping tariffs.
“China’s mega market is all the time open to Vietnam,” Xi said, adding that Beijing “will, as all the time, support Vietnam in taking a socialist path that suits its national conditions” and noting the countries’ “camaraderie plus brotherhood”.
Washington has targeted China and Vietnam — two of its largest trading partners — with a few of its highest tariff rates, with Beijing facing a levy of as much as 145 per cent and Vietnam 46 per cent, though the latter has received a 90-day reprieve.
Xi told Lam, who assumed Vietnam’s top position last yr, that the countries should “strengthen strategic resolve, jointly oppose unilateralism and bullying practices”, in accordance with Xinhua.
He added that they need to work together to uphold the worldwide free trade system and maintain the soundness of business and provide chains, while also strengthening strategic dialogue on diplomacy, defence and public security.
China and Vietnam signed 45 co-operation agreements during Xi’s visit, including one on railway development, in accordance with Vietnamese state media.
Trump reacted to the meeting between China and Vietnam by saying that the countries were “attempting to determine, ‘How will we screw america?’” He added: “I don’t blame China. I don’t blame Vietnam.”
The US president has attacked the EU, which has imposed after which suspended retaliatory tariffs against US steel and aluminium, by claiming that the bloc was “formed so as to screw america”.
Trump has made clear that he expects foreign leaders to capitulate to his tariff campaign and offer deals to the US to resolve the trade wars he has launched against dozens of nations.
While Vietnam has made overtures to Washington, Beijing has made clear that it is going to not cave to what it views as bullying tactics.
Critics of Trump’s approach have warned that pressure on south-east Asian nations, which the US had been attempting to draw into its diplomatic orbit, risked producing the alternative consequence by pushing them closer to Beijing.
Along with Vietnam, Xi will visit Malaysia and Cambodia this week.
Countries corresponding to Cambodia, Bangladesh and Vietnam, which manufacture low-cost goods, have been slapped with among the highest tariff rates attributable to their trade deficits with the US. The Trump administration has also accused countries in south-east Asia of serving as a conduit for Chinese firms in search of to avoid American tariffs.
South-east Asian governments had already warned of slowing growth from a trade war between the US and China, as their economies are heavily depending on trade with the 2 superpowers.
Earlier within the week, Xi warned that the trade war would produce “no winners” and that countries should stand by the multilateral trading system.
