Vance, in an interview with Fox News last Thursday, defending the duties imposed by Donald Trump, said that the United States “borrow money from Chinese peasants to buy the things those Chinese villagers produce.” He added that specified a model does not lead to economical prosperity, low prices or good jobs in the US.
Lin asked for comment during his regular press briefing stated that Vance's words were “both astounding as well as regrettable.” — Insolent and disrespectful, he added.
China warns the US. “We will answer to the end”
Regarding customs duties and economical and trade relations with the US, he stated that China's position had already been "stated very clearly".
During the same Lin briefing, erstwhile asked about Trump's threats on Monday, erstwhile he talked about imposing an additional 50 percent work on Chinese products, he assessed the US as an example of uniteraryism, protectionism and economical intimidation.
— Trade and customs wars have no winners, and protectionism leads nowhere," the spokesperson stressed. If the United States is “determined to wage a customs and trade war, China will respond to the end," he warned.
If Trump had fulfilled his threat and the fresh 50-percent. The work would be added to the previously announced duty, which would mean that the basic rate for almost all goods from the PRC would be 104 %.
