Chinese Ministry of Commerce (MOFCOM) was out with a statement in the last hour, reiterating that it will take countermeasures if US tariffs take effect and that China does not want to fight a trade war but is not afraid of one. Additional quotes: China to take countermeasures if the US implements new tariffs. The US to bear all consequences of new tariffs. Hope the US can rectify its mistakes as soon as possible. Hopes China-USS can resolve trade disputes based on equality and mutual respect. Hopes the US to return to the right track. US escalation of the trade spat to hurt the global economy. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/JPY Technical Analysis: Deeper pullback could see 108.23 re-tested FX Street 4 years Chinese Ministry of Commerce (MOFCOM) was out with a statement in the last hour, reiterating that it will take countermeasures if US tariffs take effect and that China does not want to fight a trade war but is not afraid of one. Additional quotes: China to take countermeasures if the US implements new tariffs. The US to bear all consequences of new tariffs. Hope the US can rectify its mistakes as soon as possible. Hopes China-USS can resolve trade disputes based on equality and mutual respect. Hopes the US to return to the right track.… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.