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Monday, Aug 26, 2019

China says it will take ‘more steps’ to protect interests if US enacts tariffs

China’s foreign ministry said on Monday that it is resolutely opposed to new US tariffs and said the two countries issues should be resolved via talks.

business Updated: Aug 26, 2019 17:11 IST
Reuters
Reuters
Beijing
A spokesman said China hopes the United States can come back to the path of rationality.
A spokesman said China hopes the United States can come back to the path of rationality.(AP photo)

China’s said it is ready to take more steps to protect its interests if the United States moves ahead in enacting new tariffs.

China’s foreign ministry said on Monday that it is resolutely opposed to new US tariffs and said the two countries issues should be resolved via talks.

A spokesman said China hopes the United States can come back to the path of rationality, adding that “decoupling” won’t resolve current problems.

The statement comes after US President Donald Trump on Friday announced an extra 5% duty on some $550 billion of Chinese goods, following China’s announcement of retaliatory tariffs on $75 billion of imports from the United States.

First Published: Aug 26, 2019 17:11 IST

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