Container boxes are seen at the Yangshan Deep Water Port, part of the Shanghai Free Trade Zone, in Shanghai, China September 24, 2016. REUTERS/Aly Song/File Photo

Washington: China will defend its rights under World Trade Organization (WTO) tariff rules if US President-elect Donald Trump  moves toward executing his campaign threats to levy punitive duties on goods made in China, a senior trade official said on Wednesday.
Zhang Xiangchen, China‘s deputy international trade representative, also told a news conference that a broad consensus of academics, business people and government officials have concluded that China is not manipulating its yuan currency to gain an unfair trade advantage as Trump has charged.
“I think after Mr. Trump takes office, he will be reminded that the United States should honour its obligations as a member of the World Trade Organization,” Zhang said through an interpreter. “And as a member of the WTO, China also has the right to ensure its rights as a WTO member.”
Trump has said China is “killing us” on trade and that he would take steps to reduce the large US goods trade deficit with China, including labelling Beijing as a currency manipulator soon after he takes office on January 20, 2017, and levying duties of up to 45% on …
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