US hurting its own credibility with U-turn on trade: China

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Press Trust of India Beijing
Last Updated : May 30 2018 | 5:35 PM IST

China today said the Trump adminstration is hurting its own credibility by every "flip-flop and U-turn" on trade tariffs, and warned that it does not want a trade war but will take forceful measures to defend its legitimate interests.

Hitting back at the Trump administration's threat to impose a 25 per cent tariff on USD 50 billion goods imported from China, Foreign Ministry spokesperson Hua Chunying said, "In international relations, every flip-flop and U-turn by a country will undermine and hurt its own credibility."
"China does not want, but is not afraid of, a trade war," Hua said. "China will surely take resolute and powerful steps to safeguard its legitimate rights if the US insists on acting recklessly."
Hua also called for handling trade disputes through talks on an equal basis and in a constructive way, which is "in line with the fundamental and long-term interests of both the Chinese and American people, as well as the common aspirations of the international community."

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First Published: May 30 2018 | 5:35 PM IST

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