621x74.gif

China Daily

News> Nation> Content
Thursday, September 06, 2018, 22:46
China to take countermeasures depending on US tariff action
By Xinhua
Thursday, September 06, 2018, 22:46 By Xinhua

In this July 12, 2018 photo, Gao Feng, spokesman for China's Ministry of Commerce, takes a question during a press conference in Beijing, China. (PHOTO / VCG)

BEIJING – China will take necessary countermeasures depending on the US tariff action, a spokesperson for the Chinese Ministry of Commerce (MOC) said Thursday.


The statement came in response to the possible imposition of additional tariffs by the US on imported Chinese goods worth US$200 billion.

China reiterates that any attempts to pressure China are unreasonable and futile, Gao Feng, the MOC spokesperson, said at a press briefing, adding that the trade war will not solve any problem. 

READ MORE: US should consider tariff impact on its economy

Equal and sincere dialogue and negotiations are the only correct ways to solve China-US trade disputes, he said.

After the US announcement of a plan to impose additional tariffs on Chinese imports worth US$200 billion, China announced countermeasures on Aug 3 to impose additional tariffs on US imports worth of US$60 billion and released the list of the US products.

China has the confidence, capability, and measures to maintain the stable and healthy development of its economy. 

Gao Feng, Spokesperson, Ministry of Commerce, China

Over the past few months, the US has seriously violated the World Trade Organization (WTO) rules and introduced unilateral policies and led to the continuous escalation of bilateral trade frictions. 

This not only damaged businesses and consumers' interests in both countries, but also undermined the global industrial chain and value chain, Gao said.

ALSO READ: US needs ‘reality check’ in tariff row

China will pay close attention to impact caused by the additional tariffs and take effective measures to help Chinese and overseas enterprises operating in the country overcome difficulties, he said.

"China has the confidence, capability, and measures to maintain the stable and healthy development of its economy," said the spokesperson.

The time for public comment in the US on additional tariffs on Chinese imports worth US$200 billion recently ended and the majority of participants opposed the move.

"If the US side ignores the opposition of the majority of enterprises participating in the public comment, and goes its own way to impose additional tariffs on more Chinese imports, China will have to take necessary countermeasures," said Gao.

Share this story

CHINA DAILY
HONG KONG NEWS
OPEN
Please click in the upper right corner to open it in your browser !