China's Ministry of Finance confirmed that media reports on the imposition of additional tariffs on US goods after the announcement of the United States list:
- Final measured and date of activation of the new tariffs will be announced later.
- The target value of new tariffs is about $ 50 billion in 2017.
- New measures on US products require an additional tariff of about 25 percent.
- The tariffs imposed are designed to defend China's legitimate interests.
- Planned tariffs on US goods conforms to international law.
- China-US cooperation is the only right choice.
- Business war is a losing end for both parties.
- The challenges facing China and the United States are huge.
- Frictions are hard to avoid.
- We hope the trade relations will return to healthy path.
- China has always advocated dialogue and negotiations to resolve disputes.
- We want to resolve trade issues in constructive ways.
- China is the responsible investor in the international financial markets.
- China respects the laws of the international financial markets.
- China is open to dialogue.
- The reprisals from China are defensive.
- US tariffs hurt global economic recovery.
