China does not "bend its arms" and warns against the imposition of more tariffs on the EU

China pledged to respond to the Donald Trump government's plans to impose duties on another $ 200 billion of imports from the Asian country, in an escalation of the trade war between the two largest world economies.

Beijing said the last US measure was "totally unacceptable" harbadment and urged other countries to unite to protect free trade and multilateralism.

China has promised to file a complaint with World Trade Organization but has not specified what measures it would take in retaliation.

"China is surprised by the latest actions of the United States", the Department of Commerce said in a statement posted on its website Wednesday.

"To protect the interests of the country and its people, the Chinese government is obliged, as in the past, to retaliate."

China responded a few hours after the Trump government released a list of thousands of products it plans to impose a 10% tariff.

The list includes vacuum cleaners to wipers to silver spoons and straps.

The United States omitted high-profile products such as mobile phones from the list.

The news drove down markets in Asia, where Chinese stocks fell sharply and the yuan weakened.

If the proposed new tariffs come into effect, following a public consultation that will end on August 30, they would affect nearly half of all imports the country receives from China.

Some members of Trump's own Republican party describe the trade war as reckless, and US companies and badysts warn that it can disrupt the world's biggest economic rebound in years.

Li Yong, senior researcher at the China International Trade Association in Beijing, explained that a retaliatory measure that the Asian country could use is to adopt a new plan to attract more people. Foreign investment, but not the United States.

"The United States has closed the door to negotiations," said Li. "It's up to them to open it again."

Reprisals against China is too big for the WTO

In this regard, the US Ambbadador, Dennis Shea said that an "adjustment of accounts" The unfair trade policies of China can no longer be postponed, but the World Trade Organization can not handle many of the most important problems.

According to a copy of the comments prepared for the biennial Chinese Trade Policy Review meeting, Shea stressed: "Given China's very broad and growing role in international trade, and serious damage that has occurred in the past. it causes its trading partners, its mercantilist approach to trade and investment, this settlement can no longer be deferred. "

from Reuters.