Wayne Chang and Mark Thompson
China has vowed to resolutely defend its interests in the face of huge new US tariffs and warned that the trade barriers would affect the wider relationship between the two economic superpowers.
President Joe Biden on Tuesday announced that tariffs on $18 billion worth of imports of Chinese electric vehicles and an array of other products would soar over the next two years.
The White House said the measures were designed to protect American workers and businesses in the face of China’s unfair trade practices, including “flooding global markets with artificially low-priced exports.”
China “firmly opposes” the new tariffs, the country’s Commerce Ministry said in a statement.
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