Beijing accuses Washington of "destroying Sino-US trade" – International



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China Wednesday accused the United States of trying to "destroy" trade between the two countries, after Washington again threatened to impose tariffs on Chinese exports totaling 200 billions of dollars. "Deputy Foreign Minister Chenggang said in a statement on Wednesday that the United States had" seriously interfered with the process of economic globalization "and" "Friday, the United States imposed tariffs of 25 percent. % on Chinese goods totaling 34 billion dollars, which led to the immediate reaction of Beijing, with the adoption of proportional taxes.

Washington announced Tuesday that it was in the process of initiating the process of imposing 10% tariff on Chinese products totaling $ 200 billion in September.

Analysts

"It's a time of chaos for international trade," warned Li.

"Companies in both countries are suffering losses. There is no winner in a trade war, cooperation is the only correct choice for China and the United States. "

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