China says ready to strike back at U.S. tariff moves, all options possible
"It is a battle between unilateralism and multilateralism, and between protectionism and free trade as well," Gao said.
"Facing such a major issue, we must fight resolutely," Gao said.
"We are not taking any options off the table," Gao Feng, spokesperson with the MOC, said at a press briefing Friday.
Gao Feng, spokesperson with China's Ministry of Commerce, speaks at a press conference in Beijing, capital of China, April 6, 2018. There have been no talks over economic and trade issues between Chinese and U.S. economic officials recently, the spokesperson said Friday. China responded firmly to the U.S. 60 1 Section investigation report and its proposed tariff list and gave stronger response to its proposal for additional tariffs. Under such circumstances, it's getting impossible for any bilateral talks over this issue, Gao added. (Xinhua/Xing Guangli)
BEIJING, April 6 (Xinhua) -- China is fully prepared and will not hesitate to strike back fiercely if the United States unveils the list of 60 -billion-U.S. dollar Chinese products subject to additional tariff hikes, the Ministry of Commerce (MOC) said.
If multilateralism and free trade are threatened, the economic globalization process will be disrupted, and the global economic recovery will be severely imperilled.
Calling the move "unreasonable" and "extremely wrong," Gao said the U.S. side has misjudged the situation and will only "shoot itself in its foot."
"This is detrimental to the vital interests of China and even more detrimental to the common interests of the world," he said.
The remarks came after the U.S. President Donald Trump threatened on Thursday to slap tariffs on 60 billion U.S. dollars of imports from China.
China is ready for further escalation by the U.S. side and has prepared detailed countermeasures, he said.