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China to take necessary countermeasures depending on US tariff action: MOC

Updated: Sep 7,2018 8:57 AM     Xinhua

BEIJING — China will take necessary countermeasures depending on the US tariff action, said a spokesperson for the Ministry of Commerce (MOC) on Sept 6.

The statement was made in response to the possible imposition of additional tariffs by the US on $200 billion worth of imported Chinese goods.

The public comment period in the US of additional tariffs on the above-mentioned amount of Chinese imports recently ended and the majority of participants opposed the move.

“If the US side ignores the opposition of the majority of enterprises participating in the public comment, and goes its own way to impose additional tariffs on more Chinese imports, China will have to take necessary countermeasures,” said Gao Feng, the MOC spokesperson, at a press briefing.

China reiterates that any attempts to pressure China are unreasonable and futile. The trade war will not solve any problems. Equal and sincere dialogue and negotiations are the only correct ways to solve China-US trade disputes, said Gao.

After the US announcement of a plan to impose additional tariffs on $200 billion worth of Chinese imports, China announced countermeasures on Aug 3 to impose additional tariffs on US imports of $60 billion and released the list of the US products.

Over the past few months, the US has seriously violated the World Trade Organization rules, incessantly introduced unilateral policies and led to the continuous escalation of bilateral trade frictions, which not only damaged businesses and consumers’ interests in both countries, but also undermined the global industrial chain and value chain, Gao said.

China will pay close attention to impact caused by the additional tariffs and take effective measures to help Chinese and overseas enterprises operating in the country overcome difficulties, he said.

“China has the confidence, capability, and measures to maintain the stable and healthy development of its economy,” said Gao.