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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.

READ ALSO: Trump Announces 130% Tariffs On China

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

The post China Accuses US Of ‘Double Standards’ Over New Tariffs Threat appeared first on Channels Television.

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