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6 Apr 2018
China MOFCOM: Ready and will not hesitate to retaliate
The Ministry of Commerce (MOFCOM) of the People's Republic of China, responding to the US President Donald Trump's latest order to consider imposing fresh tariffs on $100 billion Chinese imports, is out with some comments and said:
• The US has misjudged the situation, their actions are extremely wrong
• Ready and will not hesitate to retaliate
• This is a battle between protectionism & free trade
• Row over tariffs is a struggle between multilateralism and unilateralism
• If US add $100 billion tariffs, China will not hesitate to retaliate immediately
• Has very detailed retaliatory measures planned
• Not ruling out any options