Comments from the Ministry of Commerce in China continue

  • If US releases new tariffs list, China is fully prepared to respond with qualitative and quantitative tools
  • US criticism on china is denial of market principles
  • Says has no choice in implementing new tariffs on certain US products in segments where China announced broader tariff cuts
  • Hopes US will be fair in its anti-dumping probe against China firms
  • China will take action to defend its interests
  • US unilateralism will ultimately damage interests of its workers and farmers

Earlier:

Wow …. we are back to escalation of the trade war rhetoric. I noted earlier 'risk' was on the improve and equities, AUD and NZD all getting a small bid …. yeah, off that ….

More:

  • US is being unpredictable and challenging, China has to make strong responses