August 25, 2019

Newsy Today

China to fight back against US tariff movement .: People's Daily

PHOTO FILE: Seen containers at Yantian port in Shenzhen, Guangdong province, China July 4, 2019. Picture taken July 4, 2019. REUTERS / Stringer

BEIJING (Reuters) – China will be fighting back against the latest US stage to increase tariffs on Chinese goods, the rulers of the Communist Party said today, Sunday, that trade war was increasing between two of the world's largest economies.

“China is confident that it will continue its own path and that it will do its own things well, and will never stand up for any incitement to the State side,” the newspaper concerned said.

US politicians, who want to interfere with China's economic development, want to use the measures to get the most pressure on China that has achieved much fruit, the paper said.

The US will not achieve the trade war because of the situation of its farmers and businesses, he said.

China said Saturday that it opposes Washington's decision to levy additional tariffs on Chinese goods to the value of $ 550 billion and warned the United States of the consequences if it does not end its “wrong actions”.

US President Donald Trump announced on Friday that Washington will add an extra 5% duty on Chinese goods, sometimes after Beijing announced the latest revenues tariffs for US goods under $ 75 billion in the UK. latest tit-tat moves in its bilateral dispute trade.

People were concerned about global economic trade about the negative impact of trade war in China.

Reporting by Kevin Yao; Edited by Paul Tait

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