‘Mistake on top of mistake’: China hits 50% tariff back to danger in addition to Trump

China vowed to retaliate against the United States on Tuesday, if President Donald Trump proceeds with his threat to imposing 50 percent tariff on Chinese imports.
Reacting to Trump’s new threat, China indicated to impose more anti -repayment tariffs on American products. Beijing said that it will take counteers against us to protect our rights and interests against us.
The Commerce Ministry said that the “so -called ‘mutual tariffs” of the US on China are completely baseless and a specific unilateral bullying practice. “
The ministry said, “The counselor that China has taken is aimed at protecting its sovereignty, safety and development interests and maintaining the general international trade order. They are completely valid,” the ministry said.
The ministry said, “American threat to increasing tariffs on China is a mistake at the top of a mistake and once again reveals America’s blackmailing nature. China will never accept it. If America insists in its own way, China will fight till the end,” the ministry said.
Last week, the US President announced extensive tariffs on various countries, which has done a spark Trade war And increased the possibility of one International recessionAlong with countries like China, Trump faced criticism from within his own Republican part after his announcement.
In a tight-for-tat step, China has announced 34 percent of its duties on American goods, which will be applicable on Thursday.
Despite hard rhetoric, Beijing reiterated that it was open to conversation, saying, “There are no winners in the business war.”