TEHRAN, April 04 - China condemned the United States on Wednesday as the Trump administration pushed ahead with plans to slap tariffs on about $50 billion of Chinese industrial and hi-tech products, and vowed imminent countermeasures in the escalating trade dispute.
TEHRAN, Young Journalists Club (YJC) -China condemned the United States on Wednesday as the Trump administration pushed ahead with plans to slap tariffs on about $50 billion of Chinese industrial and hi-tech products, and vowed imminent countermeasures in the escalating trade dispute.
The U.S. government hours earlier unveiled a detailed breakdown of some 1,300 Chinese industrial, transport and medical goods that could be subject to 25 percent duties, ranging from light-emitting diodes to chemicals and machine parts.
The move, broadly flagged last month, is aimed at forcing Beijing to address what Washington says is deeply entrenched theft of U.S. intellectual property and forced technology transfer from U.S. companies to Chinese competitors, charges Chinese officials deny.
China’s Commerce Ministry said in a statement that it “will soon take measures of equal intensity and scale against U.S. goods”, and Beijing’s ambassador to the World Trade Organization, Zhang Xiangchen, urged members to “join with China in firmly resisting U.S. protectionism”.
The ministry did not reveal any specific countermeasures, but economists widely view imports of U.S. soybeans, aircraft and machinery as prime targets for retaliation.
Source: Reuters
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