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VietPress USA (April 6, 2018): Yesterday President Trump ordered officilas to prepare another US$100 Billion more to new Tariffs on imported China's products.
Today in responding to President Trump decision on new Tariffs, China threatens a “counterattack with great strength”.
Chinese Ministry of Commerce spokesman Gao Feng said Friday, April 6th, 2018 that: “If the U.S. side announces the list of products for $100 billion in tariffs, the Chinese side has fully prepared and will without hesitation counterattack with great strength.”
Read this breaking news from Daily Caller at:
VietPress USA News
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by RYAN PICKRELL, China/Asia Pacific Reporter. - 10:25AM 04/06/2018
Beijing responded to President Donald Trump’s threat to punish China with $100 billion in additional tariffs, warning that China will “counterattack with great strength.”
Hạnh Dương
www.Vietpressusa.us
Beijing responded to President Donald Trump’s threat to punish China with $100 billion in additional tariffs, warning that China will “counterattack with great strength.”
“If the U.S. side announces the list of products for $100
billion in tariffs,” Chinese Ministry of Commerce spokesman Gao Feng said
Friday, “The Chinese side has fully prepared and will without hesitation
counterattack with great strength.” He did not specify what countermeasures
China might take in response.
He added that trade negotiations are impossible, explaining
that “under these circumstances, the two sides cannot possibly conduct any
negotiations about this issue.”
Trump announced in March that he plans to impose around $50
billion in trade tariffs on China in response to aggressive Chinese theft of
American intellectual property and forced technology transfers. China responded
by taking aim at key American exports.
Troubled by China’s response, Trump announced Thursday
evening that he is considering targeting China with additional trade penalties.
“In light of China’s unfair retaliation, I have instructed
the [United States Trade Representative] to consider whether $100 billion of
additional tariffs would be appropriate,” the president said in a statement.
“Rather than remedy its misconduct, China has chosen to harm our farmers and
manufacturers.”
Trump has insisted that the dispute is not a trade war, but
the tit-for-tat exchanges and threats seem to signal that if it is not already
a trade war, it will be very soon.
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