Chinese Defense Minister said on Sunday, if the US wants to fight then China is ready for this but they still offer talks to resolve tensions.
General Wei Fenghe announced, “On the trade friction started by the US: if the US wants to talk, we will keep the door open. If they want to fight, we are ready,” He also told an international security discussion in Singapore.
White House and Beijing, both nations have been fastened in a bruising retaliation trade war by exchanging tariffs on $360 billion in two-way trade so far.
Wei Fenghe honored to attend the forum recognized the Shangri-La Dialogue since 2011 as the first Chinese defense minister.
Chinese government’s strict statement was released in a white paper just about 24 hours after it attacks $60 billion worth of US goods with new penalizing tariffs ranging from five to 25 percent, in retribution for the United States of America escalating duty on $200 billion in Chinese goods to 25 percent.
China’s government individually made public that Trump administration has been raising trade war with Beijing, but has not “made America great again” as well as the crisis between both most powerful countries has also damaged the American economy, emphasizing that while it takes interest in resolution through talks it will not negotiation on core principles.
The paper published like this, “The (US) tariff measures have not boosted American economic growth.
Instead, they have done serious harm to the US economy,” highlighting what it explained as enlarged production costs and consumer prices in the Washington and threats to economic development.
Beijing and USA started again their marking trade battle previous month after the latest round of discussions were finalized but without a contract with talks with Washington, representatives put accusation of their Chinese counterparts of breaking word on earlier obligations.