Why Trade War Between the US and China Will Not End Soon

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The passage of a bill backing pro-democracy protesters in Hong Kong last week seems to have increased the strain between the United States and China.

The financial hub has been rocked by nearly six months of often violent unrest demanding greater autonomy, which Beijing has often blamed on foreign influence.

In response to the Hong Kong Human Rights and Democracy Act, China suspended US warship visits to the territory and said it imposed sanctions on American NGOs, though it has not released any details on what they entail.

Tuesday, US lawmakers also voted overwhelmingly to pass a Uighur rights bill, which could impose sanctions against senior Chinese officials over the crackdown on mainly Muslim Uighurs in Xinjiang if Trump signs it into law.

About one million ethnic Uighurs and others,  mostly Muslim Turkic minorities are believed to be held in re-education camps, according to estimates cited by a United Nations panel in 2018.

The camp’s existence was initially denied. Beijing quoted the facilities as “vocational education centres” where “students” learn Mandarin and job skills in an effort to steer them away from religious extremism, terrorism and separatism.

President Donal Trump of the United States warned on Tuesday that efforts to resolve the spat between the world’s top two economies could continue until after next November’s US election, triggering a selloff in global markets.

China’s foreign ministry also said on Wednesday that China had no timeline for ending the protracted trade war. Hua noted that the on and off negotiations have destabilised markets and stoked geopolitical tensions. “We will not set any time limit on when the deal will or will not be reached,” said Chinese foreign ministry spokeswoman Hua Chunying.

“This agreement and these negotiations must be based on equality and mutual respect,” she told reporters at a regular press briefing in Beijing.

“If we are faced with the pressure of unilateralism, protectionism, and trade bullying, we will have no choice and must take resolute and decisive measures to defend our legitimate and lawful interests,” Hua added.

 

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