U.S. 'blackmail' on tariffs will not work, says China


China on Wednesday said "blackmail" from the USA won't work and warned it would retaliate if President TrumpDonald John TrumpTrump to visit OH to campaign in special House election CNN's Acosta: I'm anxious Trump's rhetoric toward media "will result in somebody getting hurt" Trump shares son's tweet backing supporters chanting "CNN sucks" MORE moves forward with his plan to impose 25 percent tariffs on $200 billion in Chinese goods, Reuters reported.

The US imposed 25 per cent tariffs on $34 billion of Chinese products in early July, and the review period on another $16 billion of imports ended July 31.

Concerned that the U.S.'s tariffs on Chinese imports still haven't had the desired effect of getting the Chinese to cave in to American trade demands, the Trump administration is reportedly considering amping up the pressure even more than was previously proposed.

"The Trump Administration continues to urge China to stop its unfair practices, open its market and engage in true market competition", said U.S. Trade Representative Robert Lighthizer in a statement.

The public comment period on the US tariffs aimed at $US200 billion ends on August 30 after public hearings August 20-23, according to the US Trade Representative's office.

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The Chinese have already proposed buying more USA goods in order to settle the dispute, only to have the White House-which wants to win a broader argument about intellectual property and subsidies-reject the proposal. China responded by implementing its own penalties on US goods.

US Trade Representative Robert Lighthizer said: "The increase in the possible rate of the additional duty is meant to provide the administration with additional options to encourage China to change its harmful policies and behaviour and adopt policies that will lead to fairer markets and prosperity for all of our citizens".

China's foreign ministry called this "blackmail" and warned that policies like this would "only produce the opposite of the desired result".

The proposal would increase the potential tariff rate from the 10 per cent that the administration had initially put forward on July 10 for that wave of duties in a bid to pressure Beijing into making trade concessions, a source familiar with the plan said on Tuesday.

They include food products, chemicals, steel and aluminum and consumer goods ranging from dog food, furniture and carpets to vehicle tires, bicycles, baseball gloves and beauty products.

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"If the United States takes further measures that escalate the situation, China will definitely fight back", said Geng.

Investors fear an escalating trade war between Washington and Beijing could hit global growth, and prominent U.S. business groups, while tired of what they see as China's mercantilist trade practices, have condemned Mr Trump's aggressive tariffs.

Chinese-made children's shoes bearing a Chinese map and USA flags on display for a sale at a shop in Beijing July 13. "Regrettably, instead of changing its harmful behavior, China has illegally retaliated against US workers, farmers, ranchers and businesses".

Some US politicians expressed support for the White House move.

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