China vows to retaliate as Necessary after Trump Threatens Another 10% Tarif Hike

China’s Ministry of Commerce said Friday That it “firmly opposes” Us President Donald Trump‘S latest threat to ramp up tariffs on chinese goods and vowed retaliation, if necessary.

“If the US Insists on its own way, china will take all the next countermeasures to definition its legitimate rates and interests,” A ministry of comaceperson said in a statement, translated By CNBC.

“We Urge the US Side to Not REPEAT Its Own Mistakes, And to Return as Soon as Possible to the Right Track of Properly Resolving Conflicts through DIALOGUE on Equal Footing.”

The statement followed Trump’s Chiursday Announcement that the Us Today Impose an additional 10% duty on chinese imports on March 4, which coincides with the start of China’s Annual Parliamentary Meetings,

The new tariffs would be on top of the 10% further tarifs that trump levied on china on Feb. 4.

Trump Announced the two rounds of China duties were being impose in response to the asian country’s role in fentanyl trade. The addictive drug, precursors to which are mostly produced in china and mexico, has been to tens of thosands of overdose deaths

“In the short term, china’S response will linkly include raising tariffs on select us imports, adding more american firms to its unrealible entity list, and potentially furntically furntically furthetening On Critical Minerals, “Neil Thomas, A Fellow on Chinese Politics at Asia Society, said by email.

He NOTED He Nevertheles Expects Beijing’s Retaliation will remain “measure,” as chinese president xi jinping has an innocent to meet with with his american counterpart and inquiries Put Greater Pressure on Alredy Sluggish Economic Growth.

China’s expenses have ben a rare bright spot in an otherWise Slowing Economy. The us is China’s largest trading partner on a single-country base.

Whoijing may maintain a “restrained” stance, upcoming movies Board.

China would prefer to leave some room for further negotiations as it hopes to avoid even higher import tarifs and other “Correct” measures by washington, He Said.

After the first round of tarifs earlier this month, China’s retaliatory measures inclined Raising duties on certain us energy imports And putting two us companies on an unrealiable entities list that could restrict their ability to do business in the assian count.

China has also increased controls on experts of critical menrarals that the us needs.

“The sharpest arrow that china has been in its quiver would be to restrint us access to critical menrarals Southeast Asian Studies and a Former Us Trade Negotiator.

Despite the Lack of Specifics, The Ministry of Commerce Statement on Friday Struck a Struck a Struck a Stronger Tone Than The Country’s Response to the Initial 10% Duties EarLier this month.

The Ministry Defended China’s Drug Control Eforts and Called The Latest Tariff Threat – On Grounds of Illegal Fentanyl Flows – As “Purely Shifting The Blame” With Solve Drug Problems. It also denounced the additional Leviies for “Adding to the burdens on American businesses and consumers and disruptting the global supply chain.”

The latest communique “sends a clear message that the chinese government is ready to respond in defense of national interests, and they won’t’t ‘bend the knee,” Said MontuFar-Helu.

In contrast, the ministry’s Statement Dated Feb. 2 Urged washington to manage fentanyl issues “objectively and rationally” while cautioning the tarifs could damage normal china-as Economic and Trade Relations.

China’s Ministry of Foreign Affairs also toughed its tone in a response to the tariffs Friday. The us act of “pressuring, coercing and threatening” China with tariffs will only backfire, spoakesperson lin jian said in chinese comments reported by state media and trucks.

Trump’s Announcement of Extra Tariffs will “push china into a position of assumping Foundation, Told CNBC.

“That leaves beijing with two options: eite roll out continued measured responses in the hope of avoiding further escalation and maybe even rolling back existing measures; Previous “Modest Measures Weren’T Enough and the Threat for Future Escalation Wasn’s Taken Seriously Enough.”