China is accustomed to “strong” counter -measures with the American definition kick

On Wednesday, the Chinese Foreign Ministry repeated that Beijing will take “firm and strong” measures to protect its own interests, after it entered the net customs tariff of 104 % on Chinese imports in the United States.

“If the United States really wants to solve the problem through dialogue and negotiation, it must show a position on equality, respect and mutual benefit,” Foreign Ministry spokesman Lynn Jian said at a regular press conference.

echo Comments by the Ministry of Commerce On Tuesday, Lynn said that “if the United States insists on fighting the tariff war and a trade war, China” will definitely fight to the end. “

Last Friday, the Chinese Ministry of Finance announced 34 % in additional tariffs On all the goods imported from the United States that starts on April 10, in response to Trump imposes new 34 % fees on China.

The comprehensive customs tariff followed two previous rounds from 10 % to 15 % of the customs tariff, targeting most agricultural products and energy imported from the United States

According to Dan Wang, the director of China at the Eurasia Group, the Trump tariff will actually wipe the profit of Chinese exporters once American import duties are approved by 35 %. After that, Chinese exporters will not sell to the United States at all.

In a separate official White paper chest By the State Council Information Office on Thursday, the Chinese authority said, “If the United States insists on escalating more economic and commercial restrictions, China will firmly and fight the United States to the end,” according to the translation of CNBC.

“The United States uses the customs tariff as a weapon to exercise extreme pressure and search for selfish interests. This is a typical work of mono, protective and economic bullying,” Beijing said in the white paper.

The Chinese administration added that raising the customs tariff will not help in the surplus trade in the United States, but instead it will push great fluctuations in the financial markets, and to exacerbate inflationary pressure and undermine American industries.

However, Beijing said it hopes to “meet in the middle of the road” and cancel the unilateral barriers immediately, while repeating its openness to enhancing dialogue, managing the difference and enhancing cooperation.

China claimed that it had fulfilled the conditions under The commercial deal “first stage” Trump hit Beijing during his first presidential period, while the United States claims to violate some states in the agreement. CNBC communicated with the White House to comment on these allegations.

China requires the increase in US goods purchases by 200 billion dollars over two years, but Beijing It failed to achieve its goals It also hit PandeMic Covid-19.