Some are happy, some are sad! There are no winners in tariff wars and trade wars. China does not want to fight, but it is not afraid of fighting.
On April 16, at today's regular press conference of the Ministry of Foreign Affairs, a reporter asked that the latest statement of the White House on its official website stated that due to China's retaliatory measures, the US tariff on China has increased to 245%. In this regard, Foreign Ministry spokesman Lin Jian said that you can ask the US for the specific tax rate. China has repeatedly stated its solemn position on the tariff issue. This tariff war was initiated by the United States. China has taken necessary countermeasures to safeguard its legitimate rights and interests and international fairness and justice, which is completely reasonable and legal. There are no winners in tariff wars and trade wars. China does not want to fight, but it is not afraid of fighting.