According to the news on the Ministry of Foreign Affairs website on April 17, a spokesperson for the Ministry of Foreign Affairs answered questions from reporters regarding US claims that China currently faces up to 245% tariffs.
Question: On April 15 Eastern Time, the White House website in the United States released a fact sheet about the "Section 232" investigation, stating that due to China's countermeasures against US tariffs, China currently faces up to 245% tariffs. What are your comments on this?
Answer: We have noticed relevant reports. As for how this 245% figure was derived, you should ask the US side. Previously, China has emphasized that the US has been imposing extremely high tariffs on China, which has become nothing more than a numbers game with no practical significance in economics. It only exposes the US tactic of weaponizing tariffs and resorting to bullying and coercion.
A tariff war or trade war has no winners. China does not want to engage in it, but it is not afraid to do so either. If the US continues to play games with tariff figures, China will ignore it. If the US insists on substantially infringing upon China's rights and interests, China will firmly retaliate and see it through to the end.
Original article: https://www.toutiao.com/article/7494089697220706856/
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