According to the news on the Ministry of Commerce's website on April 8th, a spokesperson for the Ministry of Commerce gave a talk regarding the US side's threat to escalate tariffs on China.
China noticed that on April 7th Eastern Time, the US threatened to impose an additional 50% tariff on China. China firmly opposed this move. If the US implements the escalated tariff measures, China will resolutely take countermeasures to safeguard its own interests.
The so-called "reciprocal tariff" imposed by the US on China is completely baseless and represents typical unilateral bullying behavior. The countermeasures China has taken are aimed at defending its own sovereignty, security, and development interests, as well as maintaining normal international trade order. These actions are entirely justified. The US escalating tariffs on China is a further mistake, exposing once again the US's extortionist nature. China absolutely does not accept this. If the US persists in its course, China will see it through to the end.
China reiterates that there are no winners in a trade war and protectionism offers no way out. Pressure and threats are not the correct way to engage with China. China urges the US to immediately correct its wrongdoings, cancel all unilateral tariff measures against China, cease its economic and trade suppression of China, and resolve differences with China on the basis of mutual respect through equal dialogue.
Screenshot from the Ministry of Commerce's website
Original article: https://www.toutiao.com/article/7490743544483758632/
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