Enugu Daily
Foreign

China Accuses US Of ‘Double Standards’ Over New Tariffs Threat

China accused the United States of “double standards” on Sunday, after President Donald Trump announced an additional 100 percent tariff on the world’s second-largest economy.

“The relevant US statement is a typical example of ‘double standards’,” an unnamed Ministry of Commerce spokesperson said in a statement published online.

Trump said on Friday that he would impose the extra levies, due to take effect on November 1, in response to what he called “extraordinarily aggressive” new Chinese export curbs on rare-earth minerals.

He also threatened to cancel a meeting with Chinese President Xi Jinping scheduled for later this month.

On Sunday, Beijing accused the US of ratcheting up economic measures against China since September.

“These actions… have severely harmed China’s interests and seriously undermined the atmosphere of the economic and trade talks between the two sides,” the commerce ministry said.

“Threatening high tariffs at every turn is not the right approach to engaging with China.”

AFP

Please follow and like us:

Related posts

Armed robbers’ car stolen during Colorado heist, police say

EnuguDaily

Americans Hit Pause on Baby – Making and It’s Going to Hurt the Economy

EnuguDaily

Trump Signs Malaysia Trade And Rare Earths Deal

EnuguDaily

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy