In a new warning to Washington, Beijing pledges tit-for-tat measures should the US choose to slap trade sanctions against China over what it calls “the theft” of American intellectual property.
Beijing “will not sit idly by and let its legitimate rights and interests be harmed,” the Chinese Commerce Ministry said on Thursday as US President Donald Trump is widely expected to unveil new tariffs on Chinese imports worth as much as up to $60 billion.
It said China “will certainly take all necessary measures to resolutely defend its legitimate rights and interests.”
White House spokesman Raj Shah said Trump will on Thursday announce actions following an “investigation into China’s state-led, market-distorting efforts to force, pressure, and steal US technologies and intellectual property.”
According to his schedule, Trump will sign “a Presidential Memorandum targeting China’s economic aggression,” fueling concerns of a…