China's foreign ministry is out with a statement in response to the Trump administrations latest threat to levy tariffs on an extra $200 billion worth of Chinese imports and reiterated that it will take countermeasures in trade against the US.
• China's position is very clear, doesn't want to fight a trade war but will if it has to.
• China will protect its legitimate rights.
• China stands on the right side of history to protect multilateralism.
• Trade war hurts the interest of the global supply chain.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.