China blasts Trump's higher tariffs, says it has plenty of other trade options
Briefly

China's commerce minister, Wang Wentao, stated that the country will not succumb to U.S. bullying during a press conference at the national congress. He emphasized that China's economy is robust enough to endure increased tariffs imposed by the Trump administration. He reiterated calls for dialogue, asserting that coercion is ineffective. Highlighting China's significant trading relationships with 140 nations, Wang underlined the country's readiness to engage in free trade agreements. Despite the ongoing trade war, he emphasized that there are no winners and reasserted China's commitment to its national interests.
"Coercion and threats will not work on China, nor will they scare China. China's determination to defend its own interests is unswerving," Wang said, adding that "there are no winners in a trade war."
"If the American side goes further down this wrong path, we will continue to respond in kind," he said. "We will fight to the end."
"Our two sides can meet at an appropriate time and our teams can also have communication as early as possible," he said.
Blaming China for the U.S. fentanyl problem-Trump's stated reason for imposing 20% tariffs on all imports from China-won't solve the problem, he said.
Read at Fast Company
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