#FOREIGN:War Looms As US Clashes With China - WELCOME TO FACTS ZONE NEWSPAPERS

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#FOREIGN:War Looms As US Clashes With China

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Zhang Jun, China’s new ambassador to the United Nations, denounced on Friday Trump’s move as “an irrational, irresponsible act” and urged Washington to “come back to the right track”, Asia News reported

The Chinese diplomat also signaled Beijing’s preparedness to take countermeasures.

“China’s position is very clear that if US wishes to talk, then we will talk, if they want to fight, then we will fight. We will never sacrifice our fundamental interests. We are not only fighting for China alone, we are also fighting for an open international economy, for free trade, for an open, non discriminatory, and reliable multilateral trading system,” Zhang stated.

“We definitely will take whatever necessary countermeasures to protect our fundamental right, and we also urge the United States to come back to the right track in finding the right solution through the right way,” he added.

Trump vowed on Thursday to slap a 10-percent tariff on $300 billion of Chinese imports come next month, taking to a whole new level the ongoing trade dispute between the world’s two biggest economies.

China’s Foreign Ministry announced on Friday that the country would have to take countermeasures if the United States was committed to imposing more tariffs on Chinese goods.

The foreign ministry’s spokesperson Hua Chunying was quoted by Reuters as saying that the US – the world’s largest economy – should give up its illusions, shoulder some responsibility and get back on the right track to resolve the trade war.

She added that, while China does not want a trade war with the US, it is not afraid of fighting one.

"If the US increases tariffs, the Chinese side will take retaliatory actions. I think the United States should think carefully before taking such steps, because they will have to face the deplorable consequences of their own actions", she stressed.

The Chinese foreign ministry’s announcement follows US President Donald Trump’s latest threats to hit China with more tariffs. On Thursday, Trump vowed to impose a 10 percent tariff on roughly $300 billion of Chinese imports from September 1.

The Chinese Foreign Minister, Wang Yi, also stated on Friday that tariffs are "not a constructive" way to solve the US trade war, AFP reported.

"Slapping on tariffs is definitely not a constructive way to resolve economic and trade frictions, it's not the correct way", Wang noted on the sidelines of a meeting of Southeast Asia's top diplomats in Thailand.

The trade war between the world’s two largest economies broke out last year, when Trump slapped 25 percent tariffs on $50 billion worth of Chinese products. Beijing retaliated in kind, with both sides exchanging several rounds of tit-for-tat levies. In June, the US raised tariffs on $250 billion worth of Chinese goods to 25 percent, with China retaliating by targeting 5,000 US-made products worth $60 billion. Washington and Beijing agreed to put tariff hikes on hold after Trump’s talks with Chinese leader Xi Jinping at the G20 summit in June, but that 'truce' appears to have now come to an end.


CREDIT :FARS NEWS AGENCY 

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