Since returning to the presidency in January, US President Donald Trump has imposed 10 percent tariffs on most US trading partners and a separate 145 percent levy on many products from China.
Speaking in Beijing at a news conference at which officials vowed greater steps to shield China's flagging economy from the impact of the standoff, senior economic planner Zhao Chenxin said Beijing was “on the right side of history“.
“Only by travelling with the world and with morality can we win the future,“ he added.
US Treasury Secretary Scott Bessent on Sunday defended Trump’s tumultuous tariff policy -- which has sent shivers through markets -- as a way of creating “strategic uncertainty” that gives Washington the upper hand.
Beijing, however, has vowed to fight a trade war “to the end” and denied US claims it is in talks with Washington.
“External pressures are increasing,“ said Yu Jiadong of China's labour ministry on Monday.
“The US imposition of successive high-tariff measures has created production and operation challenges for some export-oriented companies and impacted some workers’ jobs,“ he said.
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