After announcing the tariffs on $50 billion worth of imports from China, the US has escalated its move and threatened $200 billion worth of Chinese goods for additional tariffs. The practice of extreme pressure and blackmail goes against the consensus reached by both parties on many occasions, disappointing the international community. If the US loses its reason and releases the tariff list, China will have to take powerful and comprehensive solutions both in quantitative and qualitative ways.
The trade war launched by the US violates the market laws and goes against the world development trend, which will do harm to the Chinese and the Americans, the benefits of the enterprises as well as the interests of the people around the world. China’s response aims to safeguard and defend the interests of our country and our people, the free trade system and the common interests of mankind. Regardless the changing environment of the external environment, China will follow the planned steps to facilitate the construction of modern economy system while resolutely take the people as the center, firmly push forward the reform and opening up and speed up economy’s high-quality development.