China has sufficient countermeasures, opposes mounting trade war: MOC

Source:Xinhua Published: 2019/8/30 9:55:31

China has sufficient countermeasures but what should be discussed under current circumstances is the elimination of the further additional tariffs to be imposed by the United States on 550 billion US dollars worth of Chinese imports and preventing further escalation of the trade war, a spokesperson for the Ministry of Commerce said Thursday.

Spokesperson Gao Feng told a regular news briefing that China firmly opposes escalating trade war.

"Proceeding from the overall situations in China, the United States and the world at large, China is willing to solve problems calmly through consultations and cooperation," he said.

China has repeatedly stressed that escalating trade war goes against the interests of China, the United States and people all over the world, and may even trigger disastrous consequences for the world, Gao said.

Last Friday China was forced to take a necessary countermeasure to have some products from the United States targeted for new additional tariffs, he said.

"We hope the US would cancel new additional tariffs and prevent from escalating trade war," he said.

Posted in: ECONOMY

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