Don't Want Trade War With US, But Will Take Necessary Measures: China

| March 4 , 2018 , 14:22 IST

US President Donald Trump's plans to impose tariffs on steel and aluminium imports have not gone down so well with China, as a Chinese official said on Sunday that the nation would "take necessary measures" if the United States harms the country's economic interests.

"China doesn't want a trade war with the United States," Zhang Yesui, spokesman for the National People's Congress was quoted by AFP as saying.

"But if the US takes actions that hurt Chinese interests, China will not sit idly by and will take necessary measures," Zhang said.

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The Trump administration announced plans to impose 25 percent tariffs on steel imports and 10 percent on aluminium on Friday, sparking a flurry of counter threats from other nations regarding the imposition of import duty.

"The American action to put sanctions on other countries' reasonable steel and aluminium exports in the name of harming national security is groundless," Chinese Foreign Minister Wang Yi said on Saturday.

Trump, a successful businessman before his presidency, shrugged off the threats, saying that "trade wars are good, and easy to win".

Although China is the largest producer of steel in the world, it accounts for less than one percent of US imports, while steel producers in Canada, Brazil, Mexico, South Korea and Turkey rely more heavily on the US market.

Recently, Trump also callout out the high import rates imposed by India on Harley-Davidson motorcycles, pointing out that the luxury bikes face 50 percent import duty in India, motorcycle brands from India faced nil import duty to sell in the US.