BEIJING: China on Monday ( Apr 21 ) said it “firmly opposes” other countries making trade deals with the United States at Beijing’s expense, warning it would take” countermeasures” against them.
China will get the countermeasures in a “resolute and bilateral way” if any country sought for deals, its commerce ministry said, addressing news about the Trump administration preparing to force different countries to reduce trade with China in exchange for tariff exemptions from the US.
While the rest of the world has been slapped with a cover 10 per cent tax, China faces charges of up to 145 per share on many items. Beijing has responded with tasks of 125 per share on US items.
A number of countries are now engaged in negotiations with the US to reduce tariffs, opposite to Washington’s total trade conflict against top US financial rival China.
China respects all events resolving economic and trade variations with the US through conversation on an equal standing, but warned countries never to get a bargain with the US that compromised its passions.
” Appeasement does not deliver peace, and sacrifice will not be respected,” a spokeswoman for Beijing’s business department said in a speech.
” To find one’s own momentary selfish interests at the expense of people ‘ objectives is to get the skin of a lion,” Beijing said.
That strategy, it warned,” will inevitably neglect on both ends and damage others”.
” China strongly opposes any group reaching a deal at the cost of China’s pursuits,” the spokesperson said. ” If such a circumstance occurs, China does not take it and will firmly taking mutual measures. “
China is determined and capable of safeguarding its own rights and interests, the ministry said.