Overview

• At a regular briefing, Foreign Ministry spokesperson Lin Jian urged Washington to act on the basis of equality, respect and mutual benefit and to correct what Beijing called wrong practices.
• Beijing said it will take corresponding measures to safeguard its rights and interests if the tariff plan moves ahead.
• The U.S. plan would add 100 percentage points to existing duties, lifting the total rate on Chinese imports to about 130% from November 1.
• President Trump said the 100% tariff remains the plan for November 1 for now, suggesting the date could change with his remark, “Let’s see what happens.”
• China’s commerce ministry said threats of high tariffs fuel trade tensions and reiterated that China does not want a trade war but is not afraid of one.