Consumers held hostage by US in its trade talks, experts say

China will further enhance its strategic strength with strong bottomline thought, follow its own pace in developing its economy and will not compromise in the way the United States wants in order to resolve bilateral trade issues, experts said.

They described China's stance after the US administration said on Thursday that it would impose an additional 10 percent tariff on $300 billion worth of Chinese goods starting Sept 1. The new tariff threat came just after the 12th round of bilateral trade talks in Shanghai, which had been described as "constructive" by both sides.

The plan will put additional tariffs on virtually all Chinese products entering the US except for medicines.