China vows to take countermeasures against US over Trump’s tariffs
Photo: Beijing targets American agricultural and food products in response (Getty Images)
Yesterday, US President Donald Trump doubled tariffs on Chinese goods. The Chinese Ministry of Commerce has already responded and promised to take countermeasures in response to Washington's new import duties, which will come into effect today, according to Reuters.
"China has repeatedly stated that the US unilateral tariffs violate World Trade Organization rules and undermine the multilateral trade system. Such measures will not solve (the US) problems but instead will harm China-U.S. economic and trade cooperation and disrupt regular international trade," the Commerce Ministry said in a statement.
China additionally urges the US to "immediately withdraw" its unilateral tariff measures that are "unreasonable and groundless, harmful to others."
The extra 10% duty US President Donald Trump threatened China with last week is expected to enter into force at 05:01 GMT on Mar. 4, resulting in a cumulative 20% tariff in response to what the White House considers Chinese inaction over drugs including fentanyl. However, China reiterated its stance that the Trump administration was trying to "shift the blame" and "bully" Beijing over fentanyl flows.
The Global Times reported on Monday that China had American agricultural and food products in its crosshairs, and would hit back with a series of both tariffs and non-tariff measures.
