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   제목: China Vows to Fight Trump Tariffs 몋o the End as Tension Rises


China Vows to Fight Trump Tariffs 몋o the End as Tension Rises

April 6, 2018



President urges levies on $100 billion more of Chinese goods


China says it doesn뭪 want a trade war but is ready to fight

China said it would counter U.S. protectionism "to the end, and at any cost," as a war of words over President Donald Trump뭩 proposed tariffs on Chinese imports escalated.



The statement from Beijing came after Trump ordered his administration to consider tariffs on an additional $100 billion in Chinese goods on Thursday, sending U.S. stock futures tumbling. The U.S. president cited 밅hina뭩 unfair retaliation in response to his list of proposed tariffs earlier this week covering $50 billion in Chinese products.



"The Chinese side will follow suit to the end and at any cost, and will firmly attack, using new comprehensive countermeasures, to firmly defend the interest of the nation and its people, the Commerce Ministry said in a statement on its website on Friday. The ministry said it would hold a press briefing at 8:00 p.m. in Beijing Friday.






Trump뭩 unexpected move threatens to unravel efforts by top U.S. and Chinese trade officials to lower the heat and reach an agreement that could stave off an escalating conflict. Administration officials have spent the past two days trying to tamp down fears of a trade war, with chief economic adviser Larry Kudlow saying Thursday the U.S. could still hammer out a deal with Beijing.


The Middle East is emerging as a potential beneficiary of the brewing trade war between the U.S. and China as the Asian nation strikes back with retaliatory tariffs on American petrochemical products.

Selected articles from Bloomberg







































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