China will counter new US tariffs on $200b Chinese imports

0 Comment(s)Print E-mail, September 6, 2018
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China will have to take necessary countermeasures if the United States insists on imposing new tariffs against Chinese goods regardless of strong opposition, the Ministry of Commerce said at a regular news conference. 

China will pay close attention to the impact caused by U.S. tariffs and help both domestic and foreign companies overcome difficulties. China has the confidence, ability and solutions to maintain steady economic growth, said Gao Feng, a spokesman for the ministry.  

The U.S. government has threatened 25 percent duties on $200 billion worth of Chinese imports.

The two sides are still maintaining work communications after bilateral talks at the deputy ministerial level completed late last month, he said.

Gao stressed that any pressure will be unreasonably ineffective for China. The trade war cannot solve any problems, as solutions can only come through equal consultation.

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