Commerce Sec Ross: Those saying 'the sky is falling' will be proven wrong

Ross on CNBC

• Says the US expects China to retaliate
• Trade policy fallout won't be anything cataclysmic
• Everyone is taking advantage of the US
• Asked if he was starting a trade war, says "I don't think so at all, we're starting a prelude to negotiations."

Well, at least it won't be cataclysmic.