Chinese state media slams Trump for ‘extortion’ in trade dispute

The latest criticism from the overseas edition of the ruling Communist Party's People's Daily newspaper singled out Mr. Trump, saying he was starring in his own “street fighter-style deceitful drama of extortion and intimidation”.

August 06, 2018 08:59 am | Updated 09:00 am IST - BEIJING:

U.S. President Donald Trump.

U.S. President Donald Trump.

Chinese state media on Monday lashed out at U.S. President Donald Trump's trade policies in an unusually personal attack, even as they sought to reassure investors about the health of China's economy as growth concerns roiled its financial markets.

China's strictly controlled news outlets have frequently rebuked the United States and the Trump administration as the trade conflict has escalated, but they have largely refrained from specifically targeting Mr. Trump.

The latest criticism from the overseas edition of the ruling Communist Party's People's Daily newspaper singled out Mr. Trump, saying he was starring in his own “street fighter-style deceitful drama of extortion and intimidation”.

Mr. Trump's desire for others to play along with his drama is “wishful thinking”, a commentary on the paper's front page said, arguing that the United States had escalated trade friction with China and turned international trade into a “zero-sum game”.

“Governing a country is not like doing business,” the paper said, adding that Mr. Trump's actions imperilled the national credibility of the United States.

The United States and China implemented tariffs on $34 billion worth of each other's goods in July. Washington is expected to soon implement tariffs on an additional $16 billion of Chinese goods, which China has already said it will match immediately.

On Friday, China's finance ministry unveiled new sets of additional tariffs on 5,207 goods imported from the United States worth $60 billion.

That move was in response to the Trump administration's proposal of a 25-% tariff on $200 billion worth of Chinese imports.

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