Regards, Jos
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China says it must retaliate to tariffs 'to defend the nation's dignity'
The Chinese are not taking the United States' latest tariff threat lightly and vowed to retaliate if the U.S. moves forward with it. "China is fully prepared and will have to retaliate to defend the nation's dignity and the interests of the people, defend free trade and the multilateral system, and defend the common interests of all countries," the Chinese Ministry of Commerce said in a statement on Thursday. "The carrot and stick tactic won't work." The ministry's remarks come after President Donald Trump instructed U.S. Trade Representative Robert Lighthizer to consider raising proposed tariffs on $200 billion in ... (full story)
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