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| | On April 1, 2025 Foreign Minister [[Wang Yi]] spoke in reaction to the [[Trump 2.0]] administration's tariff program: | | On April 1, 2025 Foreign Minister [[Wang Yi]] spoke in reaction to the [[Trump 2.0]] administration's tariff program: |
| | {{Cquote|Instead of fixing its own problems, [[Washington, D.C.|Washington]] is trying in every way possible to shirk responsibility and shift the blame, resorting to tariffs, up to and including [[blackmail]] and ultimatums...The US itself is sick but is forcing others to get treatment,” Wang said, emphasizing that Trump's trade wars will “cause serious damage not only to the global market and trade order, but the US's reputation...‘[[America First]]’ cannot be achieved by American [[bullying]], especially to the detriment of the interests of other countries.<ref>https://sputnikglobe.com/20250401/wang-yi-china-will-not-accept-america-first-built-on-american-bullying-1121720123.html</ref>}} | | {{Cquote|Instead of fixing its own problems, [[Washington, D.C.|Washington]] is trying in every way possible to shirk responsibility and shift the blame, resorting to tariffs, up to and including [[blackmail]] and ultimatums...The US itself is sick but is forcing others to get treatment,” Wang said, emphasizing that Trump's trade wars will “cause serious damage not only to the global market and trade order, but the US's reputation...‘[[America First]]’ cannot be achieved by American [[bullying]], especially to the detriment of the interests of other countries.<ref>https://sputnikglobe.com/20250401/wang-yi-china-will-not-accept-america-first-built-on-american-bullying-1121720123.html</ref>}} |
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| | + | =====Reaction to kidnapping of Maduro===== |
| | + | China strongly condemned the kidnapping and violation of [[Venezuela]]’s [[sovereignty]]. Without large-scale gestures in the style of [[Trump]] or [[Macron]], the country has taken steps because it has come to the conclusion that the [[U.S.]] is making control of Venezuelan oil a tool to curb China’s presence in [[South America]] and hinder its rapid, irreversible development. . . . |
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| | + | Just hours after the kidnapping of [[President Nicolás Maduro]] became known, [[Xi Jinping]] convened an urgent meeting of the [[Politburo Standing Committee]], which lasted exactly 120 minutes. There were no communiqués or diplomatic threats, but only the silence before the storm, because this meeting activated what Chinese [[strategist]]s call an “integrated [[asymmetric]] response” to respond to [[aggression]] against the partners in the [[Western Hemisphere]], with Venezuela being the landing head for [[Latin America]] in the “backyard of the [[US]].” |
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| | + | The first phase of the Chinese reaction set at 9:15 a.m. on the 4th. January, when the [[People’s Bank of China]] discreetly announced the temporary suspension of all transactions in [[US dollar]]s with companies that have ties to the [[MIC|US defense sector]]. [[Boeing]], [[Lockheed Martin]], [[Raytheon]] and [[General Dynamics]] awoke with the news that all their transactions with China had been frozen without notice. |
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| | + | At 11:43 a.m. the same day, the State Grid Corporation of China, which controls the world’s largest power grid, announced the technical review of all of its contracts with U.S. suppliers of electrical equipment, implying that China is disconnecting from [[American]] [[technology]]. |
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| | + | At 2:17 p.m., China National Petroleum Corporation, the world’s largest state-owned oil company, announced the strategic reorganization of its global supply routes. That means the [[energy]] [[weapon]] has been re-activated, which in turn means the lifting of oil supply contracts with US refineries worth 47 billion dollars a year. This oil, previously delivered to the east coast of the US, has now been diverted to [[India]], [[Brazil]], [[South Africa]] and other partners in the [[Global South]]. This caused oil prices to skyrocket by 23 percent in a single trading session. . . . |
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| | + | In another train, the China Ocean Shipping Company, which controls about 40 percent of global maritime transport capabilities, conducted a so-called optimization of operational routes, meaning Chinese cargo ships have begun to avoid the use of American ports: Long Beach, Los Angeles, New York and Miami, which relies on Chinese maritime logistics for their supply chains, suddenly lost 35 percent of their normal container traffic – a disaster for Walmart, Amazon, Target, and others. These companies, which rely on Chinese ships for the import of products manufactured in China into American ports, saw their supply chains partially collapse within a few hours. |
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| | ====Relations with Iran==== | | ====Relations with Iran==== |