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China held off detailing how it plans to retaliate against President Donald Trump’s threat to impose tariffs on $200 billion worth of Chinese-made goods, indicating a subtle shift in tone amid a simmering trade war with the US
Repeating a warning that China will retaliate if Trump’s proposed tariffs come into effect, Commerce Ministry spokesman Gao Feng said the government will take “necessary” steps to hit back. Pressed for details, he stopped short of repeating a previous pledge to respond with measures of equal size and didn’t outline specifics about which measures China will retaliate with.
Wall Street Economists Run the
