China Responded To US Tariffs On US $550 Billion

In August 24th, the US side announced that it would raise tariffs on Tariffs of about 550 billion US dollars on Chinese exports to the United States. China firmly opposes this. Such unilateral, bullying trade protectionism and extreme pressure act, contrary to the consensus of heads of state of China and the United States, violating the principle of mutual respect, equality and mutual benefit, seriously undermining the multilateral trading system and the normal international trade order, and will surely take its own fruit. China strongly urges the US side not to misjudge the situation, do not underestimate the determination of the Chinese people, and stop the wrong practices immediately, otherwise all the consequences will be borne by the US side.