PBOC Warns U.S. Tariffs Undermine Global Economic Trust
China’s central bank has issued a pointed warning over the growing impact of U.S. trade policies on global economic stability. The People’s Bank of China (PBOC) cautioned that the imposition of sweeping tariffs by the United States risks undermining trust in the international economic system. According to the bank, such unilateral actions erode the foundation of global economic cooperation and threaten long-term growth.
The statement comes amid heightened tensions following the U.S. administration’s recent move to introduce broad-based tariffs under its new trade framework. China has expressed concern that these policies reflect a retreat from globalization and multilateralism.
Impact on Global Economic Trust
The PBOC noted that trust and cooperation among major economic powers are essential to sustain the health of the global economy. The imposition of tariffs, especially without mutual agreement or international backing, sends a signal of unpredictability to financial markets and businesses.
Central bank officials emphasized that the cascading effects of protectionist measures could trigger retaliatory policies from other nations, resulting in supply chain disruptions, inflationary pressures, and diminished investor confidence across global markets.
There is growing worry in Beijing and other global capitals that a prolonged tariff war could lead to the fragmentation of trade networks, undermine global governance structures, and eventually slow down recovery efforts in emerging markets.
Call for Multilateral Cooperation
In its remarks, the PBOC urged countries, particularly developed economies, to recommit to multilateral dialogue and economic diplomacy. It stressed the importance of resolving trade disagreements through institutional mechanisms and global platforms that allow for fair arbitration and compromise.
The central bank reiterated that economic interdependence remains a cornerstone of post-pandemic recovery and future resilience. It called on the global community to avoid escalating tensions and instead prioritize collaboration, stability, and inclusive growth.
The warning from China’s central bank adds to a growing chorus of global voices cautioning against the rise of protectionist policies and calling for a return to cooperative, rules-based trade. With markets still absorbing the impact of recent tariffs, the coming weeks may prove
