China vows to respond if U.S. takes new steps on trade
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[September 10, 2018]
BEIJING (Reuters) - China will
respond if the United States takes any new steps on trade, the foreign
ministry said on Monday, after President Donald Trump warned he was
ready to slap tariffs on virtually all Chinese imports into the United
On Friday, Trump said he was ready to levy additional taxes on
practically all Chinese imports, threatening duties on $267 billion of
goods over and above planned tariffs on $200 billion of Chinese
"If the U.S. side obstinately clings to its course and takes any new
tariff measures against China, then the Chinese side will inevitably
take countermeasures to resolutely protect our legitimate rights,"
Foreign Ministry spokesman Geng Shuang told a regular briefing, when
asked about Trump's warning.
He did not elaborate.
The United States and China have activated additional tariffs on $50
billion of each other's goods since July, as trade friction between the
world's two biggest economies worsened, despite several rounds of
Trump has criticized China's record trade surplus with the United
States, and has demanded that Beijing cut it immediately.
Tension has also persisted over limits on U.S. firms' access to Chinese
markets, intellectual property protection, technology transfers and
In August, China unveiled a proposed list of retaliatory tariffs on $60
billion of U.S. goods ranging from liquefied natural gas to some types
of aircraft, should Washington activate the tariffs on its $200 billion
The tariffs, ranging from 5 percent to 25 percent, would apply to 5,207
products, and U.S. actions will determine whether China adopts the
additional duties, Beijing said at the time.
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Chinese officials prepare the flags for the China-U.S. bilateral
meeting at the G20 leaders summit in Hamburg, Germany July 8, 2017.
REUTERS/Carlos Barria/File Photo
China has either imposed or proposed tariffs on $110 billion of U.S. goods,
representing most of its American imports, though crude oil and large aircraft
are still not targeted for penalties.
The $200 billion of Chinese goods on the U.S. list includes some consumer
products such as cameras and recording devices, luggage, handbags, tires and
vacuum cleaners, with additional tariffs ranging from 10 to 25 percent.
Spared until now, mobile telephones, the biggest U.S. import from China, would
be engulfed if Trump activates the $267 billion tariff list.
Trump's threatened tariffs cover a total of $517 billion in Chinese goods, which
would exceed last year's goods imports of $505 billion from China.
China's official export data has been surprisingly resilient, with growth
exceeding analysts' expectations for five months in a row.
(Reporting by Ben Blanchard and Ryan Woo; Writing by Christian Shepherd; Editing
by Clarence Fernandez)
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