China's threat could escalate Trump trade war

The Trump administration has claimed it has the upper hand in its trade war with China, but a new threat against trading partners from the Chinese Ministry of Commerce could jeopardize President Donald Trump's ability to stick to his far-reaching tariff plans.

A translated statement from the ministry released Monday morning said, "China firmly opposes any party reaching a deal at the expense of China's interests. If this happens, China will never accept it and will resolutely take countermeasures in a reciprocal manner. China is determined and capable of safeguarding its own rights and interests."

#china #trade #tariffs #trump #economy

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