Trump's decision to escalate the tariff war a "strategic mistake" – People’s Daily

Dhwani Mehta FXStreet

Amid the US-China trade war escalation, China’s official Communist Party newspaper, People’s Daily, condemn the US President Trump’s retaliatory action in its weekend editorial piece.

Key Quotes:

Trump's decision to escalate the tariff war a "strategic mistake".

China will not give in to America's "unreasonable demands".

Latest move makes it impossible for Washington to "win" the trade war.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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