Comments by China's foreign ministry
- Says that US needs to address China's concerns in order to reach a deal
- Says that China is firmly against US bullying, forced to retaliate
- US consumers will have to pay the costs of tariffs
- US bullying will eventually hurt the US itself
- Tariffs won't help to solve trade imbalances
It's becoming a bit of a daily echo at this point, whereby we get another reminder that both sides aren't ready to head to the negotiating table as long as the situation remains the same. China's remarks here basically shows that they are prepared for the long haul so it'll now be a battle of egos and stubbornness.
