莘县| 沁阳| 庆阳| 平陆| 万山| 灵武| 日土| 富民| 天水| 惠东| 普定| 余干| 新余| 平顺| 屏山| 商南| 黄山区| 莱芜| 临邑| 蔚县| 峨边| 察哈尔右翼前旗| 天祝| 和县| 呼兰| 满洲里| 闵行| 永登| 利川| 兴业| 尼玛| 谷城| 玛纳斯| 津南| 涟源| 崇阳| 营口| 常山| 昂仁| 广东| 博兴| 桂东| 西峡| 乐清| 华山| 天山天池| 青龙| 郎溪| 瓯海| 雷山| 靖安| 左权| 南丹| 茄子河| 商水| 天水| 容县| 彬县| 高邑| 江源| 蒙山| 商南| 共和| 广德| 西固| 龙岩| 乌审旗| 焦作| 原阳| 防城港| 富川| 鱼台| 贡嘎| 台安| 嘉定| 安县| 梅河口| 邗江| 郴州| 化德| 内丘| 陈巴尔虎旗| 郓城| 南票| 雁山| 宁阳| 大同市| 石台| 灵山| 隆德| 义县| 桑日| 长白山| 永兴| 平舆| 银川| 鄂温克族自治旗| 盐都| 邹城| 井陉| 江城| 洛阳| 南海| 筠连| 定兴| 杭州| 杭州| 焉耆| 林芝镇| 德江| 绵阳| 宿松| 鹰潭| 星子| 皮山| 井陉| 曲阜| 万载| 武穴| 和田| 南平| 休宁| 鄱阳| 长治市| 德安| 辉南| 金佛山| 花都| 米易| 肃宁| 瑞丽| 张北| 济宁| 合水| 陆川| 石泉| 黑龙江| 邓州| 德清| 茶陵| 平塘| 崇义| 玉溪| 浦北| 焦作| 德州| 凉城| 柳林| 理塘| 漯河| 姜堰| 栾川| 沾益| 湘东| 香格里拉| 株洲市| 河池| 金塔| 霍州| 儋州| 梅州| 单县| 依安| 安县| 贞丰| 南江| 五常| 阿拉尔| 永仁| 大新| 商水| 富民| 辽阳县| 南涧| 镇平| 平武| 台湾| 白河| 林芝镇| 靖宇| 洪泽| 王益| 下花园| 凌源| 太白| 札达| 青川| 金州| 内丘| 凤阳| 湛江| 宿豫| 郧县| 临安| 博白| 蒙自| 新和| 阳城| 天峨| 南汇| 普洱| 嘉兴| 马龙| 魏县| 歙县| 昌江| 林甸| 鹤山| 荆州| 吕梁| 抚宁| 丰台| 邛崃| 布拖| 沧县| 砀山| 郏县| 潞城| 南丹| 长顺| 尤溪| 曲靖| 巴彦淖尔| 喜德| 合作| 巴南| 晋江| 东沙岛| 宜城| 鹤山| 唐河| 陵川| 正宁| 远安| 开鲁| 岚皋| 咸宁| 黄埔| 文安| 正宁| 吴起| 临潼| 临清| 乡城| 班玛| 全椒| 万安| 孟津| 壤塘| 泸水| 林芝县| 怀化| 孟村| 达坂城| 江永| 黄平| 金阳| 海林| 托里| 尼木| 南雄| 建昌| 清流| 上犹| 论坛资讯
LINE

Text:AAAPrint
Economy

Experts: Fresh threats by US will not work

1
2019-09-17 10:13:13China Daily Editor : Gu Liping ECNS App Download
母婴在线 相关数据显示,近年来中国儿童剧年均演出场次近2万场,演出剧目达700多部,大大领先于其他演艺行业。 创业资讯 连日来,羊城晚报记者走访了佛山多家拥有外教的培训机构,发现外教资质不透明情况仍然突出,一些培训机构拒绝出示外教资质证明,甚至有中介表示,留学生也可以担任外教。 创业资讯 ”管冬梅说。 宠物论坛 周桥 武汉论坛 紫荆北路北 思维车 自来也

Washington blasted for imposing an unworkable '1930s strategy' on tariffs

China won't give in to extreme pressure by the United States on tariffs and will firmly defend its core interests, as it has sufficient countermeasures available, experts said.

The reaction came after the Ministry of Commerce expressed strong opposition on Saturday to a new threat of additional tariffs by the US on about $550 billion worth of Chinese imports. The ministry urged Washington to reverse course immediately or be prepared to "bear all the consequences".

The fresh retaliatory threat by the US violates the consensus reached between the countries' top leaders and severely undermines the multilateral trading system and normal international trade order, the ministry said, adding that Washington will eat the bitter fruit of its own actions.

Gu Xueming, head of the ministry's Chinese Academy of International Trade and Economic Cooperation, said none of the extreme pressure tactics and intimidation by the US will work with China, which will unswervingly protect itself.

In the future, the country's countermeasures will be more rational, firmer and more powerful, Gu said at a seminar in Beijing on Sunday.

Noting that cooperation is the only correct choice, Gu said he hoped the US will see the situation clearly, give up its illusions and resolve its differences with China under the principle of mutual benefit and respect. Any agreement must be acceptable to both sides, Gu said.

Bai Ming, a senior researcher at the academy, said China has sufficient tools in its toolbox to use to counter the US administration's unilateral tariff actions. The "quality" of the tools matters most, he said.

On Friday, the US administration said it will hike duties on $250 billion worth of Chinese goods from the current 25 percent to 30 percent beginning on Oct 1, and the remaining imports of $300 billion from the previously planned 10 percent to 15 percent on Sept 1.

The move followed Beijing's plan on Thursday to raise tariffs on $75 billion worth of US goods in a response to the US side's planned levies on an additional $300 billion worth of Chinese imports, announced earlier this month.

The US imported goods from China totaling $478.4 billion in 2018, according to China's General Administration of Customs.

Sang Baichuan, director of the Institute of International Business at the University of International Business and Economics, called China's latest countermeasures "rational and powerful".

"It is rational, as China did this to protect its own economic and social interests and safeguard its right of development, as well as to defend multilateralism and economic globalization," Sang said.

"The move is also powerful because additional tariffs on certain US products, like soybeans and oil, hit the US where it really hurts."

Since the China-US trade spat erupted about a year and a half ago, the world's two largest economies have slapped several rounds of import duties on each other.

US trade groups have joined a chorus of opposition to the latest escalation of tariffs Washington threatened for all Chinese imports as intensified tensions roil stock markets, ruin businesses and rob US farmers of their most important export markets.

"Enough is enough — as evidenced by Friday's 623-point drop in the Dow," said Gary Shapiro, president and CEO of the Consumer Technology Association in Arlington, Virginia, referring to the Dow Jones Industrial Average, a measure of the US stock market.

"Global markets are reeling on fears of a global recession. ... These escalating tariffs are the worst economic mistake since the Smoot-Hawley Tariff Act of 1930, which catapulted our country into the Great Depression. Instead of making America great again, the president is using tariffs to make a great economic mistake again."

Rick Helfenbein, CEO of the American Apparel &Footwear Association, said businesses are being subjected to "a 1930s trade strategy".

"It takes years to build relationships that meet compliance standards and to deliver quality products, yet we have been given weeks and in this case days," he said.

David French, senior vice-president for government relations of the National Retail Federation, said, "It's impossible for businesses to plan for the future in this type of environment. The administration's approach clearly isn't working. ... Where does this end?"

Contact the writers at jingshuiyu@chinadaily.com.cn

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
ECNS Wire
Biz
Economy
Travel
Photo
CNS Photo
Video
Video
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2019 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.
燕郊冶金一局 染村村委会 东风桥东 瑞合庄一村 阿猛镇 口岸街道 小沛 格达乡 沙家坝
治多县 景湖花园 尹家大盛 老荒地 小黑虎胡同 高崖口 松南乡 杜曲村 前李甲
蕴岙 果菜批发市场 西吟头村 东胡林村 勐仑镇 友谊路友谊 哈力洛乡 山东荣成市石岛镇 平邑 江南镇
https://www.whr.cc/bbsitemap.htm