Chinese State Councillor Wang Yi warns that United States that “Protectionism equals shutting the door into China,” He also said and “they will suffer the consequences of their actions. Both time and facts will prove it.”
“Any unilateral or protectionist measures are an approach against the trend of the history, will go nowhere and will see their own interests undermined,” he said.
The United States is planning of slapping $60 billion in tariffs on imported Chinese goods. China has said it could retaliate with duties of up to $3 billion of U.S. imports.