The Chinese government has also implemented retaliatory tariffs, raising duties on American goods to 125%, while the U.S. has imposed a 145% tariff on Chinese products. teleSUR
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NewsTranscript
00:00China assures the United States that it is not afraid of Trump's trade war after the
00:05White House imposed a tariff increase of 245%.
00:10Chinese Foreign Ministry spokesman Lin Jian stressed that China has reputedly declared
00:15its solemn position on the tariff issue.
00:17In this regard, Beijing took its measures to safeguard its legitimate rights, international
00:23fairness and justice.
00:24Meanwhile, the official pointed out that tariff and trade wars have no winner and China does
00:29not want to wage these wars, therefore it is not afraid of them.
00:34For his part, the Minister of Economy, Sheng Lian Jung, said that the imposition of high
00:39tariffs by the White House will exert pressure on foreign trade and Beijing's economy.