Trade Frictions: China condemns US tariff proposals on Chinese goods
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China has condemned the US tariff proposal for Chinese goods. Our reporter Sun Ye told us, Beijing is ready to hit back with counter-measures on US products.
LU KANG, SPOKESPERSON CHINESE FOREIGN MINISTRY "The US' practices are a serious violation of the basic principles and spirit of the World Trade Organization. China will immediately report the measures to the WTO dispute settlement mechanism. Meanwhile, we will be prepared to adopt measures for American products at an equal scale in accordance with the relevant provision of China's Foreign Trade Law. We will soon announce the measures. We have the confidence and ability to deal with any protectionist measures from the US."