In trading, you have to be defensive and aggressive at the same time
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U.S. unilateral escalation of trade disputes badly hurts consultations: MOC
The United States has continuously and unilaterally been escalating trade disputes and caused serious setbacks in the China-U.S. trade talks, Gao Feng, a spokesperson with the Ministry of Commerce (MOC), said at a press conference Thursday. The United States Monday started the procedure of increasing additional tariffs on around 300 billion U.S. dollars worth of Chinese goods. Calling the move "bullying behavior by the United States" and an extreme-pressure trick against multilateral trading rules, the spokesperson said China is firmly opposed to it. If the U.S. side insists on raising tariffs, China will be forced ... (full story)