Beijing has slammed Donald Trump’s plan to impose additional 100 per cent tariffs on Chinese exports and threatened new countermeasures as it blamed the US for a rapid deterioration of relations between the world’s two biggest economies.
In a statement the commerce ministry said that since the two countries held trade talks in Madrid last month the US had “continuously introduced a series of new restrictions against China”, including putting Chinese companies on a trade blacklist.
“China’s position on tariff wars has been consistent: we do not want to fight, but we are not afraid to fight,” the ministry said on Sunday.
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