- Middle East
- Full Speeches
- Reports - 2018
- Speeches - 2018
China Vows ’Proportional’ Retaliation in Response to Any New US Tariffs
folder_openChina access_time5 months ago
starAdd to favorites
Beijing said it will not hesitate to take further countermeasures in case Washington decides to impose a new round of tariff hikes against Chinese goods.
Relatively, China's ambassador to the US promised a swift and "proportional" response in this regard.
In further details, the Chinese Ambassador to the US Cui Tiankai said that the new fares on 128 US goods that took effect on Monday were a direct and measured response only to the US increase of steel and aluminum tariffs - but not the planned hike of duties on other Chinese imports ordered by US President Donald Trump.
"We will certainly take countermeasures of the same proportion and the same scale, same intensity," Cui Tiankai said Tuesday as cited by China Global Television Network.
While Beijing had previously signaled that it was ready to go toe-to-toe with Washington's trade war, Cui clearly stated that the latest measures are just the beginning.
China has yet to decide on its countermeasures against a package of tariffs targeting more than 100 types of Chinese goods, ranging from clothing to electronics - if and when they are officially introduced, he added.
On March 22, while announcing the suite of tariffs, which potentially target some $60-billion worth of Chinese exports, Trump said it would help the US to reduce trade imbalances with China and curb the alleged theft of American intellectual property.
His administration accused Beijing of making "state-led, market-distorting efforts to force, pressure, and steal US technologies and intellectual property."
Washington is expected to unveil the list of targeted Chinese imports this week.
Rejecting the accusations of mass intellectual property theft, the envoy emphasized that China has been steadily strengthening its efforts and legal system, and is always ready to "look at the specific cases if there's any violation of intellectual property rights... no matter by whoever."
Source: News Agencies, Edited by website team
- Related News