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Tuesday, June 19, 2018, 10:48
China vows comprehensive measures if US plans more tariff
By Xinhua
Tuesday, June 19, 2018, 10:48 By Xinhua

BEIJING - A spokesperson for China's Ministry of Commerce (MOC) said Tuesday that if the United States loses its rationality and unveils another list of Chinese products for additional tariffs, China will have no choice but to take comprehensive measures combining quantitative and qualitative ones to resolutely strike back.

After plans to impose additional tariffs on Chinese goods worth around US$50b, the US threatened to slap additional tariff on Chinese products worth US$200b

After unveiling plans to impose additional tariffs on Chinese goods worth around US$50 billion, the United States went even further by threatening to identify US$200 billion worth of Chinese products for additional tariffs.

READ MORE: Tariffs to backfire, experts warn US

"Such practice of imposing extreme pressure and blackmailing is contrary to the consensus the two sides have reached through rounds of consultations, and disappoints the international community," the spokesperson said.

"The trade war waged by the United States is against both the law of the market and the development trend of today' s world. It undermines the interests of the Chinese and American people, the interests of companies and the interests of the people all over the world," said the spokesperson.

The response taken by China aims to safeguard and defend not only the interests of the Chinese nation and the people, but also free trade regime and the common interests of mankind, said the spokesperson.

No matter how external environment changes, China will follow its established rhythm, stick to the vision of making development people-centered, resolutely advance reform and opening up, resolutely promote high-quality economic development, and accelerate the development of a modern economy, said the spokesperson.

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