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‘Totally Unacceptable’: Beijing Vows Retaliation If US Taxes $200bn of Chinese Goods

  • ‘Totally Unacceptable’: Beijing Vows Retaliation If US Taxes $200bn of Chinese Goods
    by https://www.rt.com/
    The Chinese commerce ministry has slammed the US plan to impose tariffs on additional imports worth some $200 billion as totally unacceptable, promising a mirror response to defend its national interests.

    “The Chinese side is shocked by the actions of the US,”
     a statement on the ministry’s website declared. “In order to safeguard the core interests of the country and the fundamental interests of the people, the Chinese government will, as always, have to make the necessary counter-measures.”

    Calling Washington’s behavior irrational, Beijing warned that the US is, in the first instance, hurting itself with protectionist measures and constant attacks on free trade. “At the same time, we call on the international community to work together to safeguard the rules of free trade and the multilateral trading system and jointly oppose trade hegemony,”it added.


    read more.

end

July 12, 2018 - Posted by | Economics | , , ,

1 Comment »

  1. The US fist is bigger and stronger.

    Comment by tonytran2015 | July 12, 2018 | Reply


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