China says it does not fear more US tariff threats | ABS-CBN

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China says it does not fear more US tariff threats

China says it does not fear more US tariff threats

Reuters

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China says it does not fear more US tariff threats
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China does not want a trade war but will not fear it if the United States continues its tariff threats, the Chinese foreign ministry said on Thursday (April 10).

China will not sit back and let the legitimate rights and interests of the Chinese people be deprived, ministry spokesperson Lin Jian said at a regular news conference.

U.S. President Donald Trump announced overnight an immediate 90-day pause on tariffs for many trading partners, while at the same time ramping up pressure on China.

He hiked the tariff on Chinese imports to 125% from the 104% level that kicked in on Wednesday (April 9), in retaliation for China’s announcement of an 84% levy on U.S. goods starting Thursday. - report from Reuters

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