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China has pledged on Wednesday to retaliate against the United States if Washington responds to its new threats to tax goods exported by China for a total of $ 200 billion. "
" In order to safeguard the fundamental interests of the country and the people, the government was able to take the necessary measures, "he said in a statement in which he described the new threats of the United States as" totally unacceptable. "
The note finds that the" irrational "behavior of the United States harms" China, the world and themselves ".
"At the same time, we call on the international community to work together to safeguard the rules of free trade and the multilateral trading system, and to oppose trade hegemony."
Beijing also announced the "immediate" presentation of an additional year against the states
Earlier, China's Vice Minister of Commerce, Li Chenggang, warned that "large-scale tariff increases between China and the United States United States inevitably led to the destruction of Sino-US trade. " "
US policy" currently interferes with the process of economic globalization "and" undermines the global economic order, "said Li.
" It's a period of chaotic international trade. Companies in both countries suffer losses. There is no winner in a trade war. Cooperation is the only correct choice for China and the United States, "Li said.
On Friday, the United States imposed a 25% tariff on Chinese goods totaling $ 34 billion. the addition of proportional taxes on hundreds of US products.
This Tuesday, Washington announced that it had begun the process of imposing 10% tariff on Chinese products totaling $ 200 billion from September.
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