China reiterates it does not want a trade war, but is not afraid of one

Comments by China's foreign ministry

  • Urges US to stop damaging words and deeds
  • US has lost its credit to the world
  • Will defend its legitimate rights

Nothing new from China here but it serves as a reminder that they are ready to retaliate with tit-for-tat measures should Trump decide to go through with the new set of tariffs.

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