Trump defends his China strategy, Beijing says ‘not afraid’ of trade war

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Trump defends his China strategy, Beijing says ‘not afraid’ of trade war

On Tuesday, the 11th of June 2019, the US President Donald Trump had defended his China tariff hike saying that the hike was a part of his trade strategy, while Beijing had voiced a much rumbling response saying that if United States insisted on an escalation of a ten-month-long trade war, Beijing would set off much stiffer retaliatory measures.

On a Tuesday (June 11th) tweet, US President Donald Trump said, “Tariffs are a great negotiating tool”, however his comments came forth just a day after he had pledged to impose a 25 percent tariff hike on all of the Chinese imports, unless Chinese President Xi Jinping attended a G20 summit scheduled later this month in Japan.

Although, Trump had been repeatedly saying following his China tariff hike that he and Xi would meet over the sidelines of a G20 summit due to be held by June 28th-29th in Japan, Chinese foreign ministry did not guarantee a talk between the leaders of world’s first- and second-largest economy.

Adding that information of a Trump-Xi talk would be released once it was available to the Chinese foreign ministry, a Chinese foreign ministry spokesman, Geng Shuang said, “China does not want to fight a trade war, but we are not afraid of fighting a trade war. If the United States only wants to escalate trade frictions, we will resolutely respond and fight to the end”.