BEIJING: China's executive warned on Wednesday it will retaliate if Washington imposes new business consequences, following a record the Trump administration will suggest expanding the tariff fee on an extra $200 billion of Chinese imports.
A international ministry spokesman, Geng Shuang, said Beijing was once able for "dialogue and consultation" to defuse the escalating dispute.
"If the United States takes further measures that escalate the situation, China will definitely fight back," said Geng. He gave no main points of possible measures however said, "we are determined to safeguard our legitimate and lawful rights and interests."
Washington imposed further 25 consistent with cent tariffs on $34 billion of Chinese items July 6 based on court cases Beijing steals or pressures firms to hand over era. Beijing responded by way of imposing the similar consequences on the same amount of US imports.
Bloomberg News reported, bringing up three unidentified sources, the Trump administration would suggest imposing 25 consistent with cent tariffs on a $200 billion list of Chinese items focused in a brand new spherical of consequences, up from the planned 10 consistent with cent.
Geng gave no indication whether the 2 facets had been preparing to renew negotiations.
"I need to stress that dialogues must be conducted on the basis of mutual respect and equality," he said. "Unilateral threats and pressure will only be counterproductive." The Ministry of Commerce didn't reply to questions by way of telephone and fax in regards to the status of possible negotiations.
A international ministry spokesman, Geng Shuang, said Beijing was once able for "dialogue and consultation" to defuse the escalating dispute.
"If the United States takes further measures that escalate the situation, China will definitely fight back," said Geng. He gave no main points of possible measures however said, "we are determined to safeguard our legitimate and lawful rights and interests."
Washington imposed further 25 consistent with cent tariffs on $34 billion of Chinese items July 6 based on court cases Beijing steals or pressures firms to hand over era. Beijing responded by way of imposing the similar consequences on the same amount of US imports.
Bloomberg News reported, bringing up three unidentified sources, the Trump administration would suggest imposing 25 consistent with cent tariffs on a $200 billion list of Chinese items focused in a brand new spherical of consequences, up from the planned 10 consistent with cent.
Geng gave no indication whether the 2 facets had been preparing to renew negotiations.
"I need to stress that dialogues must be conducted on the basis of mutual respect and equality," he said. "Unilateral threats and pressure will only be counterproductive." The Ministry of Commerce didn't reply to questions by way of telephone and fax in regards to the status of possible negotiations.
China warns of retaliation if US takes more trade steps
![China warns of retaliation if US takes more trade steps]()
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August 02, 2018
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