BEIJING, June 17 -- Hours after the U.S. administration fired the first shot on Friday, China announced additional tariffs on U.S. goods that are of the same scale and intensity and due to take effect on the same date.
China's countermeasure is responsive, passive and reciprocal.
The U.S. announcement of imposing additional tariffs on 50 billion U.S. dollars worth of Chinese goods follows months of shuttle diplomacy between Washington and Beijing.
China has shown utmost sincerity in rounds of negotiations with plans to meaningfully increase purchases of U.S. goods and services, to meet demands of Chinese people for higher living standards and help the United States to boost employment.
The U.S. side also admitted meaningful progress and important consensus were made in the past rounds of talks, as the two sides vowed not to launch a trade war.
But consensus has soon proved to be short-lived after the U.S. side demonstrated flip-flops with an obvious intention to escalate the trade spat.
China does not want the trade war, but facing a capricious Washington, China has no choice but to fight back vigorously in defense of its national interests, the trend of globalization and the world's multilateral trading system.
In fact, China has prepared for volatile Washington. In the wake of the latest round of talks in Beijing earlier this month, China issued a statement, stressing that the outcome of the talks should be based on the prerequisite that the two parties meet each other halfway and will not engage in a trade war.
【国内英语资讯:Commentary: China forced to fight back with reciprocal tariffs】相关文章:
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