According to China’s Foreign Ministry Spokesperson Geng Shuang, dialogue on an equal basis is seen as the only way to resolve the trade dispute with the United States.
“We have always maintained that the only correct means to resolve the trade dispute is through dialogue and consultation on an equal basis with mutual trust and respect,” he said. However, he added that China will have to retaliate as US President Donald Trump was expected to announce new tariffs on $200 billion in Chinese goods.
Earlier, US Trade Representative Robert Lighthizer said the White House administration was ready to impose tariffs that could range from 10 percent to 25 percent on $200 billion worth of Chinese goods.
Trump had plans to announce fresh tariffs on China in the coming days, the Wall Street Journal reported. Even the upcoming round of US-China negotiations will not hamper the imminent tariff introduction.
