Beijing (Sputnik) – China warns US against actions harming trade relations between the two countries, otherwise Washington will be responsible for the consequences, the representative of the Ministry of Commerce of China Gao Feng said on Thursday.
“We would like to recommend the United States to refrain from any actions that may harm trade and economic relations between the two countries, otherwise the US will fall into the pit he digs for others,” said Gao.
“Harmful practices in the United States, how to open a Pandora’s box, and there is a danger of a chain reaction, which spread the virus of trade protectionism around the world”, – said the press Secretary.
The press Secretary added in this regard that the Chinese government will start consulting on countermeasures after Saturday, when the deadline for the submission of proposals and opinions on the matter expires.
On 22 March, the President of the United States Donald trump has signed a Memorandum of introduction of new tariffs on imports from China. He noted that trade measures against China can cost about $60 billion. However, the new tariff policy, the US will sue China in the world trade organization (WTO) about trade violations of the law, including licensing practices, in the framework of the announcement of the trade.
This decision follows the decision of Washington to impose a 25 percent tax on steel imports and a 10 percent import duty on aluminum. This measure was criticized by the main partners of the United States, which has accused trump of excessive protectionism and promised to introduce countermeasures. As a result, trump the statutory exemptions from the new tariffs for the European Union, Mexico, Canada, Argentina, Australia, Brazil, South Korea until may.
Sourse: sputniknews.com
