China says it is 'not afraid' of trade war with US
BEIJING: China warned on Wednesday that it is 'not afraid' to engage in a trade war with the United States, while reiterating calls for dialogue. The statement comes after US President Donald Trump said it was up to Beijing to come to the negotiating table.
“If the US really wants to resolve the issue through dialogue and negotiation, it should stop exerting extreme pressure, stop threatening and blackmailing, and talk to China on the basis of equality, respect and mutual benefit,” foreign ministry spokesman Lin Jian said.
Trump initially imposed tariffs on Chinese imports due to its alleged role in the fentanyl supply chain, but has recently increased those levies sharply over trade practices that Washington considers unfair.
This year, Trump has imposed an additional 145% tariff on many goods from China, adding to duties imposed by previous administrations.
This includes a 20% tariff on fentanyl and other illicit drugs, as well as 125% over trade practices.
However, Trump’s administration has given a temporary reprieve for certain technology products, including smartphones and laptops, from the latest levy.
On Tuesday, Trump said, “the ball is in China’s court. China needs to make a deal with us,” according to a statement read out by Press Secretary Karoline Leavitt at a briefing.
Beijing responded on Wednesday, stating that “the US initiated this tariff war”.
“China’s position has been very clear. There is no winner in a tariff war or a trade war,” Lin said. “China does not want to fight, but it is not afraid to fight.”
By RSS/AFP
