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US Vice President Threatens China with Double Tariffs

Saturday 17 November 2018
US Vice President Threatens China with Double Tariffs

Alwaght- The US Vice President Mike Pence said on Saturday Washington will continue its trade war against Beijing, and might even double tariffs on Chinese goods.

In a bluntly worded speech at an Asia Pacific Economic Co-operation (APEC) summit in Papua New Guinea, Pence said “We have taken decisive action to address our imbalance with China … We put tariffs on $250 billion in Chinese goods, and we could more than double that number.”

“The United States, though, will not change course until China changes its ways,” he added.

Pence’s warning on Saturday contrasted with remarks made by Trump on Friday, when he said he may not impose more tariffs after China sent the US a list of measures it was willing to take to resolve trade tensions.

Trump has imposed tariffs on $250 billion worth of Chinese imports to force concessions on a list of demands that would change the terms of trade between the two countries. China has responded with mirror tariffs on US goods.

 “China has taken advantage of the United States for many years. Those days are over,” Pence told delegates gathered on a cruise liner docked in Port Moresby’s Fairfax Harbour.

He also took aim at China’s territorial ambitions in the Pacific and, particularly, Xi’s Belt and Road Initiative to expand land and sea links between Asia, Africa and Europe with billions of dollars in infrastructure investment.

“We don’t offer constricting belts or a one-way road,” said Pence.

While not referring directly to Chinese claims over various disputed waters in the region, Pence said the United States would work to help protect maritime rights.

“We will continue to fly and sail where ever international law allows and our interests demand. Harassment will only strengthen our resolve.”

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Trade War US China Tariffs

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