Vance, in an interview with Fox News last Thursday, defending duties imposed by Donald Trump, said that the United States “borrow money from Chinese villagers to buy things that these Chinese villagers produce”. He added that such a model does not lead to economic prosperity, low prices or good jobs in the USA.
Lin asked to comment during a regular press briefing stated that Vance's words were “both amazing and regretted”. “Insolent and deprived of respect,” he added.
China warns the US. “We will answer to the very end”
Referring to economic and commercial relations from the USA, he stated that China's position has already been “presented very clearly”.
During the same briefing of the ropes, when asked about Trump's threats from Monday, when he talked about applying an additional 50 percent. customs duties on Chinese products, assessed the US actions as an example of unilateralism, protectionism and economic intimidation.
– Trade and customs wars do not have winners, and protectionism conducts nowhere – emphasized the spokesman. If the US is “determined to seek a customs and commercial war, China will answer to the very end,” he warned.
If Trump fulfilled his threat, and the new 50 % The duty would have been added to previously announced, this would mean that the basic rate for almost all goods from the PRC will amount to 104 percent.
