China won't retaliate on new US tariffs

Jamie McKane

MyBroadband Journalist
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China won't retaliate on new US tariffs

China indicated that it wouldn’t immediately retaliate against the latest U.S. tariff increase announced by President Donald Trump last week, emphasizing the need to discuss ways to deescalate the trade war between the world’s two largest economies.

“China has ample means for retaliation, but thinks the question that should be discussed now is about removing the new tariffs to prevent escalation of the trade war,” Ministry of Commerce spokesman Gao Feng told reporters in Beijing on Thursday.

[Bloomberg]
 

hungrymamba

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Sep 7, 2018
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Good on you China (or Shiner as orange man baby would say) ... Don't wrestle with a pig... You both get dirty, but the pig actually enjoys it.
 

konfab

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Jun 23, 2008
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They cannot afford it.

Taxing their own citizens is turning out to be too much for even the f__king communists.
 
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