China Commence Ministry: Increasing tariffs will only bring more difficulties to trade talks

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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.

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