China will not give in to US' new trade extortion

It is nothing more than gangsterism for the Donald Trump administration to indicate it is considering raising the pending tariffs on $200 billion worth of Chinese goods from 10 percent to 25 percent.

News the administration might jack up the tariffs came immediately after reports that the two countries were going to return to the negotiating table. The timing betrays the US has no qualms about trying to squeeze as much as it can from its trade partners with crude strong-arm tactics.

But the US government is wrong if it believes that China will give in to its trade shakedown. However high it jackscrews the tariffs it imposes on Chinese imports, China will not cave in to the pressure and will retaliate in kind to the best of its ability.