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China Will Protect Interests From ‘Reckless’ US Trade Threats

Published on May 30 2018 12:20 PM in Supply Chain tagged: China / Tariffs / trump / Trending Wars

China Will Protect Interests From ‘Reckless’ US Trade Threats

China lashed out on Wednesday at renewed threats from the White House on trade, warning that it was ready to fight back if Washington was looking for a trade war – days ahead of a planned visit by US Commerce Secretary Wilbur Ross.

On Tuesday, in an unexpected change of tone, the United States said that it still held the threat of imposing tariffs on $50 billion of imports from China unless Beijing addressed the issue of theft of American intellectual property.

Washington also said that it will press ahead with restrictions on investment by Chinese companies in the United States, as well as export controls for goods exported to China.

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