China says the market has spoken after Trump’s Router

On Saturday, Chinese Foreign Ministry said that the “market spoke” after the imposition of US tariffs and called on the White House to defuse the escalating trade war by “consulting with a level leg”.

US stock markets fell sharply For the second consecutive day on Friday, with the three main index Downhill with more than 5% As part of a Global routeS

Market shocks exacerbated on Friday when the Chinese Finance Ministry declared This would require a 34% tariff for all goods imported from the United States, starting on April 10.

Beijing’s reaction has increased fears from investors from risk for inflation, recession and global economic growth.

The “market speaks,” spokesman for Chinese Foreign Ministry Goo Jiakun said In a Facebook post on Saturday morning.

Sharing the image that refers to the fall in the stock market on Friday, Guo said: “The trade and tariff war that began from the United States against the world is seamless and unjustified.”

He called on the White House to resolve differences with commercial partners by “consulting levels of legs”.

A White House spokesman was not available immediately to comment when he connected to CNBC.

US President Donald Trump on Wednesday announced distant new levies as part of the reciprocal tariff policy, including 10% tariff for almost every country and much steeper obligations for many.

The US President purposeful China with 34% of additional reciprocal tariffs leading to common US tariffs against the world’s second largest economy to 54%.

Trump on Friday appeared unobtrusive by the market reaction of his tariff performance, publishing the Social that the “big business” is not worried about tariffs and that its “policies will never change.”

– CNBC’s Ruxandra Iordache contributed to this report.