Tuesday, June 19, 2018

China slams US trade threats as 'blackmail', warns of countermeasures


BEIJING - China on Tuesday condemned Donald Trump's threat to impose 10 percent tariffs on $200 billion worth of Chinese goods as "blackmail" and warned it was prepared to take countermeasures if Washington goes through with them.

The US "practice of extreme pressure and blackmail departed from the consensus reached by both sides during multiple negotiations and has also greatly disappointed international society", China's commerce ministry said in a statement on its website.

"If the US acts irrationally and issues a list, China will have no choice but to take comprehensive measures of a corresponding number and quality and take strong, powerful countermeasures."

source: news.abs-cbn.com