Beijing vows firm answer to new US tariff threat
By Zhong Nan,Jing Shuiyu and Ren Xiaojin | China Daily | Updated: 2018-06-20 07:47
China will "fight back firmly" with comprehensive "qualitative" and "quantitative" measures if the United States publishes an additional list of tariffs on more Chinese goods, the Ministry of Commerce said on Tuesday.
The US practice of "using maximum pressure and blackmail" goes against the consensus reached by the two nations on multiple occasions and has utterly disappointed the international community, the ministry said in a statement.
The Trump administration threatened to slap a 10 percent tariff on $200 billion worth Chinese imports on Monday, after announcing hefty tariffs on $50 billion in made-in-China products, escalating a trade dispute that has put markets and businesses on edge.
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