China Warns U.S. Against Repeating Great Depression Mistakes
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Who needs friends when you have adversaries like this? China wants to 'help' the United States. Of course that is in-between implementing DEI to destroy our culture, waging chemical warfare with fentanyl, and biowarfare with COVID.
China’s Ambassador to Washington, Xie Feng, urged the U.S. to learn from history and avoid repeating the protectionist policies that deepened the Great Depression.
But hey, maybe he's just trying to help?
“The lesson of the Smoot-Hawley Act is still fresh today.
"You can’t treat a headache by just focusing on the head…
"And you certainly shouldn’t prescribe medicine to others when you’re the one who’s sick.”
CNBC reported on China threatening America's trading partners, of course, while China is 'trying to help'.
China on Monday warned it will retaliate against countries that cooperate with the U.S. in ways that compromise Beijing’s interests, as the trade war between the world’s two largest economies threatens to embroil other nations.
China’s warning comes as U.S. President Donald Trump’s administration is reportedly planning to use tariff negotiations to pressure U.S. partners to limit their dealings with China. Trump this month paused major tariff increases on other countries for 90 days, while hiking duties further on goods from China to 145%.
“China firmly opposes any party reaching a deal at the expense of China’s interests. If this happens, China will not accept it and will resolutely take reciprocal countermeasures,” the Chinese Ministry of Commerce said, according to a CNBC translation.
