China said on Friday it would not “give an inch” by offering trade concessions to the United States and promised to retaliate if Donald Trump went ahead with his threat to impose more tariffs.
Both the foreign and commerce ministries said the US would have to “bear all the consequences”and demanded more sincerity from Washington if negotiations were to continue following the president’s latest announcement, which caught many in Beijing off guard.
nnounced on Thursday in a series of tweets
that he would impose “a small, additional” levy of 10 per cent on US$300 billion worth of Chinese imports starting on September 1 because the latest round of talks had not yielded sufficient concessions from Beijing.
He also complained that China had so far failed to act on a pledge to stop sales of Fentanyl, a drug blamed for thousands of deaths, to the US.
Chinese foreign ministry spokesman Hua Chunying said Trump’s announcement had violated the agreement reached between the two nations following a summit between Trump and his Chinese counterpart Xi Jinping in late June, when the US promised not to impose further tariffs.
“China will not accept any form of pressure, intimidation or deception. We will not give an inch on important issues of principle ,” Hua said.