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Beijing vows to respond to US threats

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rocky
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Beijing vows to respond to US threats

Post by rocky on Wed 11 Jul 2018, 1:58 am


Beijing vows to respond to US threats

09:38 - 11/07/2018
0




Information / Baghdad ...
China on Wednesday promised to counter countermeasures in response to Washington's list of goods from which the United States imports 200 billion dollars a year, with the aim of imposing a 10 percent tariff on imports from September.
"A large and wide-ranging tariff increase between China and the United States will inevitably destroy Sino-US trade," Chinese Vice Commerce Minister Li Zhenghang was quoted by AFP as saying at the Beijing conference.
"US practices negatively affect economic globalization and damage the global economic system," he said.
"Companies in both countries will suffer losses and no victors in a trade war, so cooperation is the only viable option between China and the United States," he said.
"The United States seems to be stepping up the pace of these trade skirmishes," he said, warning that "the negative impact of trade skirmishes is already showing." Ending / 25 z


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