China’s Commerce Ministry was out with some comments in the last hour, strongly opposing the US bullying and maximum pressure tactics.
Key quotes:
“¢ It the US presses along, China will have to take necessary countermeasures on trade.
“¢ China is never afraid of any pressure, has the confidence to respond to any challenges.
“¢ Has no information on any plans for US trade delegation to visit China at present.
“¢ Regrets US escalation of trade tensions.
“¢ US actions have caused a great setback in trade talks.
“¢ On Huawei, says that national security concept is being abused.
“¢ Calls for the US to avoid further impacting trade relations.
“¢ Will take all necessary measures to protect its firms.
“¢ US increasing tariffs will only bring more difficulties to trade talks.
“¢ Urges the US to cancel tariffs on Chinese goods as soon as possible.