China’s Commerce Ministry On Trade War – Key Takeaways
China opposes unilaterally imposed tariffs. There is no winner in a trade war - hopes the US meets China halfway...
Arslan Butt•Thursday, May 9, 2019•1 min read
China’s Commerce Ministry – Key Remarks
- China unilaterally opposes imposed tariffs.
- There is no winner in a trade war – hopes the US meets China halfway.
- Hopes the US can resolve the problem through dialogue instead of unilateral steps.
- China is fully prepared to defend its interests, has determination and capacity to do so – trade delegation has already left Beijing for US – Vice Premier Liu visit to the US shows China’s sincerity.
- Asked about countermeasures to US tariffs, says if US implements tariffs China will take necessary countermeasures.
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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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