A senior Chinese official has ruled out more trade talks with the United States under pressure, a day after American tariffs imposed by the Washington on Chinese goods took effect.
“Now that the US has adopted this type of large-scale trade restrictions, they’re holding a knife to someone’s throat. Under these circumstances, how can negotiations proceed?” Vice Commerce Minister Wang Shouwen said at a press conference on Tuesday.
US tariffs on 200 billion dollars’ worth of imported Chinese goods — and China’s retaliatory duties on 60 billion dollars’ worth of US products — took effect on Monday, amid an escalating trade war between Washington and Beijing.
US President Donald Trump initiated what is effectively a trade war with China in April, when he first imposed unusually heavy tariffs on imports from the Asian country.
In a 36,000-word white paper issued on Monday, the Chinese cabinet, known as the State Council, accused the US of engaging in “trade bullyism” and of using measures such as tariffs to intimidate other countries to submit to its will.
Several rounds of talks between the two sides in recent months have appeared to produce no breakthrough.
Beijing’s decision not to proceed on trade talks with the US comes amid tense relations between the two countries and follows a similar decision on military negotiations.