No End in Sight for the Trade War As China Stands Its Ground

Posted Thursday, May 30, 2019 by
Skerdian Meta • 1 min read

The trade war between US and China has precipitated once again after calming down for a few months at the start of this year. Tariffs have been increased by both sides and they’re even targeting each-other’s major companies, such as Huawei and Apple. Tones have obviously increased and today Chinese officials commented on a number of things.

China’s Foreign Ministry

  • China won’t accept a deal that hurts sovereignty, pride
  • US needs to address China’s concerns in order to reach a deal
  • 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

China’s Commerce Ministry

  • China will fight till the end if US keeps escalating tensions
  • China will firmly defend national interest
  • Hopes that US will correct its wrong practices
  • US sincerity is in doubt
  • US sent contradictory messages on trade talks


  • China has put purchases of American supplies on hold amid the recent escalation in the trade war between the two countries

More Comments From China

  • Trade war with US is to have limited impact on state-owned enterprises
  • State-owned enterprises confident in helping to keep economic growth


Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies
Related Articles
ISM services and ADP employment reports showed further expansion in the US economy
2 years ago
0 0 vote
Article Rating
Notify of
Inline Feedbacks
View all comments