China accused the United States on Monday of using false accusations on trade to "intimidate" other countries, as the tariff battle between the global giants intensifies.

The US has "made a series of false accusations, and used increasing tariffs and other means of economic intimidation, to try to impose its own interests on China by way of extreme pressure", the State Council (cabinet) said in a white paper on trade and economic tensions with Washington.

The white paper blames President Donald Trump's "America First" policy for torpedoing years of progress in settling differences through bilateral forums and exchanges.

"Since the new US administration took office in 2017, under the slogan of 'America First', the US has abandoned the basic norms of international exchanges such as mutual respect and equal consultation, and implemented unilateralism, protectionism and economic hegemonism," it said.

The new messaging from Beijing came hours after the US imposed new tariffs on $200 billion worth of Chinese goods, drawing a pledge of tit-for-tat action from Beijing.

China's finance ministry said last week it would activate tariffs of five to 10 percent on 5,200 categories of US goods totalling $60 billion.

The ministry's list includes big-ticket items like liquefied natural gas, lumber and electronics as well as everything from peppermint oil to pig hides to cocoa butter to condoms.

Related Links
Global Trade News

Tweet

Thanks for being here; We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain. With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords. Our news coverage takes time and effort to publish 365 days a year. If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor $5 Billed Once credit card or paypal		SpaceDaily Monthly Supporter $5 Billed Monthly paypal only

Chinese premier slams 'unilateralism' in trade disputes
Tianjin, China (AFP) Sept 19, 2018
Chinese Premier Li Keqiang railed against "unilateralism" on Wednesday in a veiled allusion to the trade fight with the United States, and threw his weight behind further opening of the world's second largest economy. Speaking at the summer session of the World Economic Forum in the eastern city of Tianjin, Li said problems must be worked out through consultations, a day after China and the US swapped tit-for-tat tariffs. "It is essential that we uphold the basic principles of multilateralism an ... read more