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