Following the sweeping 10 percent tariffs imposed over the weekend, rates on imports to the United States from exporters, including the European Union and Japan, rose further on Wednesday.
China — Washington’s top economic rival but also a major trading partner — is the hardest hit, with tariffs imposed on its products since Trump returned to the White House now reaching a staggering 104 percent.
In response, Beijing’s foreign ministry spokesman, Lin Jian, insisted that “the Chinese people’s legitimate right to development is inalienable”.
“China’s sovereignty, security and development interests are inviolable,” he said.
“We will continue to take firm and forceful measures to safeguard our legitimate rights and interests,” Lin said.
Also on Wednesday, Beijing’s commerce ministry said the country had a “firm will” to fight a trade war with Washington, state news agency Xinhua said.
“With firm will and abundant means, China will resolutely take countermeasures and fight till the end if the United States insists on further escalating economic and trade restrictive measures,” Xinhua quoted the ministry as saying.
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