Xinhua News Agency, Beijing, August 2 (Xinhua) In response to the US plan to increase the tax rate on China’s US$200 billion of products exported to the United States, the spokesperson of the Ministry of Commerce made a statement on the 2nd.
The spokesperson of the Ministry of Commerce said that the United States has taken two actions in the past two days. On the one hand, it issued a statement that it would increase the tax rate on China’s US$200 billion of products exported to the United States from 10% to 25%. On the other hand, it made various moves To dispel the wind, we need to resume negotiations with China.
The spokesperson pointed out that the United States not only disregards the interests of the whole world, but also the interests of ordinary American farmers, entrepreneurs and consumers, and plays a carrot and stick strategy against China. This approach will not have any effect on China and will not affect China. This disappoints countries and regions around the world that oppose trade wars.
The spokesperson said that China is fully prepared for the U.S. threat to escalate the trade war and will have to take countermeasures to defend the dignity of the country and the interests of the people, defend free trade and the multilateral system, and defend the common interests of all countries in the world. At the same time, China has always advocated resolving differences through dialogue, but the premise is that we must treat each other as equals and keep our promises.
The spokesperson said that the fundamental purpose of the various groundless accusations made by the United States against China is to suppress China’s peaceful development. China has always believed that bad things can be turned into good things, and challenges can be turned into opportunities. We are confident in achieving the goal of high-quality economic development. (Title: Ministry of Commerce: Fully prepared and will have to take countermeasures)
