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China Commerce Ministry: Trade war will hurt US factories and consumers

The comments from China commerce ministry are hitting the wires via Reuters:

  • US-China trade war will not only hurt US Factory workers but also consumers
  • China is prepared to respond to all possibilities on trade dispute with the US
  • China does not want WTO anti-dumping rules being abused by some countries
  • Hopes US Will come back to the right track on trade
  • Will take necessary measures at any time in regards to ZTE
  • Action on US Sorghum an independent case from current trade frictions with the US
  • China tariff hike on US Products won't have a big impact overall on Chinese industries

Author

Omkar Godbole

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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