A Chinese government-run newspaper released a meme about Chinese attitude that takes aim at the U.S. amid the trade war.
The image was posted by The People’s Daily, the official newspaper of China’s Communist Party, and attempts to portray a stubborn attitude, CNBC reported Tuesday.
The image featured the Chinese flag and shipping containers. According to CNBC’s translation, three phrases in gold lettering read, “Negotiate, sure!” “Fight, anytime!” “Bully us, wishful thinking!”
It was accompanied by a caption reading, “This is China’s attitude!” and was posted to their official WeChat account.
”Negotiate— we can!
Fight— bring it on!
Bully us— YOU WISH!”
-People’s Daily WeChat post entitled “This is #China’s attitude” on the escalating trade war with @realDonaldTrump pic.twitter.com/pqh7tZWSgg
— Eunice Yoon (@onlyyoontv) May 14, 2019
The image is an apparent response to the U.S. and soured trade relations between the two nations.
The Trump Administration announced a tariff increase on $200 billion worth of Chinese imports, taking tariffs from 10 percent to 25 percent last week. On Monday, China imposed retaliatory tariffs up to 25 percent on $60 billion worth of U.S. imports.
The Chinese economy has taken a harder hit than the U.S. as a result of the trade dispute. China reported slower retail growth and industrial productivity during April.
Former Trump advisor Steve Bannon said the U.S. has “all the cards,” CNBC reported.
“The Chinese business model cannot continue. It won’t continue,” he added.
Bannon said that China has been running an economic war that previous U.S. presidents have not dealt with, but Trump is facing it head-on with a tough approach.
“There is no chance that Donald Trump backs down from this. I think he’s looking at the good of people on a global basis,” Bannon said.
In fact, Trump is considering putting tariffs on the rest of all Chinese imports.
“This is history in real time. This is the most significant thing that any president can possibly do,” Bannon said, adding that China will be an important issue in the 2020 Presidential election.
Trump insists that a deal with China is still possible. On Tuesday, he said the two nations were engaged in a “little squabble” that negotiations could solve.
“We are, again, in a very, very strong position. They want to make a deal. It could absolutely happen,” he said, according to CNN. “We have a very good dialogue. We have a dialogue going. It will always continue.”
He later took to Twitter to reiterate the remarks.
“When the time is right we will make a deal with China. My respect and friendship with President Xi is unlimited but, as I have told him many times before, this must be a great deal for the UnitedStates or it just doesn’t make any sense,” Trump tweeted. “It will all happen, and much faster than people think!”
….of the tremendous ground we have lost to China on Trade since the ridiculous one sided formation of the WTO. It will all happen, and much faster than people think!
— Donald J. Trump (@realDonaldTrump) May 14, 2019