China can keep calm and carry on despite Donald Trump tariff threat, says state media
- Economy is strong enough to cope with threats and uncertainties, People’s Daily says
- Raising tariffs is not a solution and Beijing is willing to negotiate for a mutually beneficial outcome, commentaries insist
China is confident in its ability to cope with the threat of higher tariffs from the United States and other challenges in the US-China trade talks, Chinese state media said on Wednesday.
Blaming Washington for the uncertainty over the talks, a commentary by state-run Xinhua said US President Donald Trump’s announcement on Sunday that he would increase tariffs on Chinese products was “regrettable and against the will of the people”.
Xinhua’s commentary said that after a year of negotiations, China was more familiar with the complexity of its trade relations with the US and was determined to keep its “bottom line”.
“China is prepared for different scenarios,” it said. “It will resolutely defend the core interests of the nation and the people, making no compromise on issues of principle, but will also try hard for a mutually beneficial result. China is well prepared for any possibility of changes.”