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"The Chinese government, as always, will have no choice but to take the necessary steps," said the Commerce Ministry in a statement, calling the new US threats "serious". "totally unacceptable".
Earlier, Chinese Vice-Minister of Commerce Li Chenggang warned that "large-scale mutual tariff increases between China and the United States will inevitably lead to the destruction of trade between the two countries."
"It's a chaotic moment for international trade."
"It's a chaotic moment for international trade."
US policy "currently interferes with the process of economic globalization" and "undermines the global economic order". (19659005) On Friday (6), the United States imposed tariffs of 25% on Chinese products. In total, 34 billion dollars, which led to the immediate reaction of Beijing, with the adoption of proportional taxes on hundreds of US products.
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