China Vows to ‘Fight to the End’ Against U.S. Tariff Threats
China’s Commerce Ministry firmly opposes President Trump’s threat of a 50% tariff increase on its imports. The Ministry vows to take action to protect its interests, asserting that it will not accept such measures and will “fight to the end” if necessary, reflecting escalating trade tensions between the two nations.
The Ministry of Commerce of China has expressed strong opposition to U.S. President Donald Trump’s proposal to increase tariffs by an additional 50 percent on Chinese imports. The ministry emphasized its commitment to counteractions aimed at protecting its national interests. This statement was issued following Trump’s announcement of potential tariffs on Wednesday, contingent upon the withdrawal of a 34 percent tariff China enacted on American products the previous week.
The Chinese ministry characterized the U.S. tariff escalation as a “mistake on top of a mistake,” asserting that China would not acquiesce to these demands. The statement further declared, “If the U.S. insists on its own way, China will fight to the end.” These developments underscore the intensifying trade tensions between the two countries and highlight China’s determination to stand firm against U.S. pressure.
In summary, China’s Ministry of Commerce has firmly rejected President Trump’s tariff escalation threats, asserting its intention to implement countermeasures. The ongoing tension illustrates the complexities of U.S.-China trade relations, withChina committed to defending its economic interests and adopting a confrontational stance if necessary. The situation remains fluid, prompting continuous monitoring for further developments.
Original Source: www.cnbc.com
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