China's Foreign Ministry reaffirmed its stance on Thursday against trade and tariff wars but warned it will 'not flinch' if compelled to respond to escalating economic pressures. The remarks, delivered by spokesperson Lin Jian during a routine press briefing, come amid new U.S. tariffs of 125% on select Chinese imports, escalating bilateral economic strains.
Lin criticized the U.S. for 'weaponizing tariffs to exert pressure and seek selfish interests,' arguing that such measures violate World Trade Organization (WTO) rules and 'undermine the rules-based multilateral trading system.' He emphasized that China's countermeasures would aim to protect both national sovereignty and 'international fairness and justice.'
'Nobody wins in trade and tariff wars,' Lin stated, adding that China will not allow its people's legitimate rights to be compromised or global economic stability to erode. He accused the U.S. of prioritizing hegemony over collective global interests, asserting that such policies would 'end in failure.'
Analysts warn the escalating tensions could destabilize supply chains, affecting global markets. The dispute highlights growing friction between the two largest economies as businesses and investors brace for potential disruptions.
Lin reiterated China's commitment to the WTO framework, urging dialogue over confrontation. 'If the U.S. insists on a tariff war, China will fight to the end,' he declared, signaling Beijing's resolve to counter punitive measures while safeguarding the international trade order.
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Foreign Ministry: China not to flinch when trade, tariff war comes
cgtn.com