China won't submit to US trade intimidation
2018-04-07 09:53:40 source：Global Times
April 6, 2018
US President Donald Trump's latest threat to impose tariffs on an additional $100 billion in imports from China was quickly rebuked by China's Ministry of Commerce and Ministry of Foreign Affairs in a more resolute way. The two ministries said China will listen and observe what Washington will do next, while showing contempt to the unreasonable US. They said China will fight to the end at any cost, which is an unusual response.
We Chinese do disdain that Washington, which is in no position to initiate a trade war with China, persists in wielding the tariff baton. We are fully able to inflict as same losses on the US as those on China. The US will have to repay whatever loss and harm it has caused on China with huge economic and political cost.
The White House's latest proposal will hit Chinese exports to the US, and in response China will make a sweeping counter attack at US exports to China. China can retaliate at a wide range of areas including US goods exports to China, service exports and the US' highly profitable investment in China.
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