Overview
- Xia Baolong, China's top official on Hong Kong affairs, accused the US of imposing tariffs aimed at undermining Hong Kong’s vitality and threatening China's survival.
- The US has levied a 145% tariff on Chinese goods, prompting China to respond with a 125% tariff on US imports, intensifying the economic standoff.
- Xia characterized US actions as 'extremely shameless' and predicted they would backfire, invoking China's 5,000 years of civilization in a televised speech.
- Hong Kong, despite being affected by US tariffs, has refrained from retaliatory measures, reaffirming its commitment to free trade under leader John Lee.
- US Vice President JD Vance’s recent remarks referring to 'Chinese peasants' have added to the escalating tensions, drawing sharp criticism from Chinese officials.