China reiterates its rejection of additional US tariffs

China He reiterated on Monday his rejection of duty additional United States and warned that it will take “All necessary measures”To defend their interests, in response to the commercial restrictions that Washington plans to apply as of Tuesday.

China firmly opposes the US decision to impose more tariffs on key products under the pretext of alleged security threats”Said Foreign Ministry spokesman Lin Jian At a press conference.

We will take all necessary measures to protect our legitimate interests“He added.

The spokesman accused Washington from “politicize economic and commercial affairs”, And said that”In a commercial war there are no winners

The United States actions undermine normal economic cooperation and damage their own international economy and credibility”, Said Lin.

The Chinese government did not directly confirm the possibility of imposing US agricultural export restrictions, but the state media of the Asian giant have advanced that Beijing could adopt countermeasures that affect agricultural and food products in the United States.

China has also warned Monday that “Trying to discredit and confront China will not bring any benefits to bilateral relations“And he urged the United States to return to”Correct path of dialogue and cooperation based on mutual respect

A lie, how many times it is repeated, will never become true”, Concluded the foreign minus spokesperson.

Commercial tensions between the two powers intensified again in recent days since the US president, Donald Trump, announced a new 10% increase in tariffs on Chinese products, about 10% already recently implemented, arguing insufficient pekin efforts to curb the fentanyl traffic.

Beijing has rejected these accusations and defended last week he maintains “one of the strict drug control policies in the world. ”

US agricultural exports

China considers measures against American agricultural and food exports in response to the intention of the United States to raise up to 20% the additional tariffs that will apply to the products of the Asian country, according to the Global Global Times local official newspaper.

An anonymous source cited by the newspaper ensures that “If the United States persists in applying unilateral tariffs and formalizes these measures, China will respond with firm and forceful countermeasures”, After the United States promised that the additional tariffs that will apply to Chinese products from March 4 will double up to 20%.

The possible reprisals would include tariff and non -tariff measures, with American agricultural and food products among the main objectives, the source said.

Last Friday, the Chinese Ministry of Commerce already expressed in a statement its “firm opposition“To the US plans, while added that China has declared in”repeated occasions” that “Unilateral tariffs violate the rules of the World Trade Organization (WTO)” and “They undermine the multilateral trade system. ”

Source: Gestion

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