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BEIJING, May 12-- Facing U.S. tariff hike threats, China has adhered to its bottom line, defended national dignity and people's interests, experts with domestic think tanks said Sunday at a symposium on China-U.S. trade relations. Imposing new tariffs goes against the will of the people and the trend of the times. China has the resolution, courage and confidence to rise to all sorts of challenges, they said. The United States on Friday increased additional tariffs on 200 billion U.S. dollars worth of Chinese imports from 10 percent to 25 percent. At the 11th round of economic and trade consultations that ended in Washington the same day, the Chinese delegation made clear its consistent and resolute stance: problems can not be solved by increasing tariffs and cooperation is the only right choice for the two sides, but it has to be based on principles. China will never make concessions on major issues of principle. RAISING TARIFFS MORE DETRIMENTAL TO U.S. ECONOMY "Increasing tariffs will impact enterprises of both countries, but harm American businesses more," said Gao Lingyun, a researcher with the Institute of World Economics and Politics under the Chinese Academy of Social Sciences (CASS). The additional tariffs can not change U.S. demand for Chinese goods and will be eventually passed on to American consumers and retailers by U.S. importers, Gao said. "If the United States insists on going its way to raise tariffs on all Chinese imports, its domestic prices would be dramatically pushed up, resulting in inflation," Gao said. | 
