China foreign ministry says trade war has become biggest 'confidence killer' for world economy

Foreign ministry spokeswoman Hua Chunying told reporters at a regular press briefing that the United States is fabricating all kinds of justifications, including that of national security.

Published: 18th July 2018 01:44 PM  |   Last Updated: 18th July 2018 01:44 PM   |  A+A-

Chinese and U.S. flags are set up for a signing ceremony during a visit by U.S. Secretary of Transportation Elaine Chao at China's Ministry of Transport in Beijing, China April 27, 2018. | Reuters

By Reuters

BEIJING: China's foreign ministry said on Wednesday that a U.S. trade war has become the biggest "confidence killer" for the global economy, and that the whole world would fight back if the United States continued to impose tariffs.

Foreign ministry spokeswoman Hua Chunying told reporters at a regular press briefing that the United States is fabricating all kinds of justifications, including that of national security.

The United States and China have imposed tariffs on $34 billion of each other's imports. U.S. President Donald Trump has threatened further tariffs unless Beijing agrees to change its intellectual property practices and high-technology industrial subsidy plans.

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