‘China is not afraid of and will not recoil from a trade war’: The Chinese government blasts Trump’s new tariffs and previews retaliation
|03/23/2018||Posted by BusinessMediaguide.Com under General World News||
- President Donald Trump announced new tariffs on $50 billion worth of Chinese goods on Thursday.
- Chinese officials strongly condemned the move.
- “China does not want a trade war with anyone,” the Chinese embassy in Washington, DC, said.
- “But China is not afraid of and will not recoil from a trade war.”
The Chinese government blasted President Donald Trump’s announcement on Thursday that the US will impose new tariffs on imports from China.
The tariffs, which act as a tax on imports, will apply to goods worth about $50 billion annually and hit industries from aerospace to pharmaceuticals. Additionally, the crackdown will limit certain types read more >>>