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'Naked economic terrorism': unfazed China on US

May 30, 2019 15:00 IST

Amid the bitter trade war between two of the world's largest economies, China on Thursday provoked the United States accusing it of 'naked economic terrorism'. Trade tensions rose sharply as both the nations halted negotiations after the Donald Trump administration imposed higher tariffs on $200 billion of Chinese goods earlier this month and also blacklisted telecom giant Huawei. Asserting that trade conflict will hurt both sides, China maintained the United States was committing 'economic bullying' and 'economic homicide' but they are not afraid of it.