Con­sen­sus Bro­ken

Beijing Review - - This Week Economy -

A White House state­ment on May 29 about tar­iffs on Chi­nese ex­ports clearly con­tra­dicts the con­sen­sus reached re­cently by the two coun­tries in Washington, D.C., a Min­istry of Com­merce (MOFCOM) spokesper­son said.

The White House state­ment re­newed the U.S. threat to place 25-per­cent tar­iffs on $50 bil­lion worth of Chi­nese goods, re­veal­ing plans to tar­get cut­ting-edge tech­nolo­gies, the As­so­ci­ated Press re­ported.

MOFCOM said that while the White House’s tac­ti­cal state­ment was un­ex­pected it does not come as a sur­prise.

“What­ever mea­sures the United States takes, China has the con­fi­dence, ca­pa­bil­ity and ex­pe­ri­ence to de­fend the in­ter­ests of the Chi­nese peo­ple and the core in­ter­ests of the coun­try,” MOFCOM said on its web­site.

China has urged the United States to meet it half­way, in line with the re­cent bi­lat­eral joint state­ment, the spokesper­son said.

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