The comments by a ministry spokesperson followed the US threat to impose an additional 50-per cent tariff on Chinese imports that Beijing firmly opposes.
The so-called US ‘reciprocal tariffs’ against China are groundless and a typical practice of unilateral bullying, the spokesperson was cited as saying by a state-controlled media outlet.
The US tariff escalation threat against China compounds its mistake and further exposes its nature of blackmail, which China will never accept, said the spokesperson.
"China will fight till the end if the US side is bent on going down the wrong path," the spokesperson noted.
China urges the United States to immediately correct its wrongdoings, cancel all unilateral tariff measures against China, stop its economic and trade suppression, and settle differences with China properly through equal-footed dialogue based on mutual respect, the spokesperson added.
The Trump administration's trade war, launched under the guise of ‘fairness’ and ‘reciprocity’, is in essence a zero-sum game driven by the pursuit of ‘America First’ and ‘American exceptionalism’, the media outlet added.
ALCHEMPro News Desk (DS)
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!
marketing@alchempro.com
