China is not interested in a trade war but will not be intimidated if the United States continues its tariff threats, the Chinese Foreign Ministry said regarding US tariffs.
At a press conference, the Foreign Ministry spokesman said that the US cause does not win the support of the people and will end in failure. China will not sit idly by and allow the legitimate rights and interests of the Chinese people to be deprived, A2 writes.
"The US is continuing to impose tariffs on China, and China opposes this bullying. China will absolutely not accept pressure, threats and blackmail. This is not the right way to negotiate with China. If the US side wants to talk, it should show an attitude of equality, respect and reciprocity. If the US ignores the interests of the two countries and the international community and insists on tariff war and trade war, China will certainly accompany it to the end," said Lin Jian, spokesman for the Chinese Foreign Ministry.
In his response, the senior Chinese government official blamed the United States for Washington's unilateral actions and its hegemonic tendencies.
"The United States blames China for its problems, which is not only not based on facts, but also goes against the common economic approach. The protectionism and hegemonic unilateralism of the United States is unpopular and will further increase global costs, affect trade stability, and harm the interests of all countries in the world," Jian said.
US President Donald Trump announced overnight Wednesday an immediate 90-day pause in tariffs on many trading partners, while at the same time increasing pressure on China. He increased the tariff on Chinese imports to 125% from 104% that began on Wednesday, in retaliation for China's announcement of an 84% tax on US goods starting on Thursday. (A2 Televizion)