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China Says It Has a Detailed Plan to Hit Back at U.S. on Tariffs

Bloomberg business news
China Has a Plan to Hit Back at U.S. on Tariffs

China will “unquestionably” retaliate if the U.S. further escalates trade tension, and authorities have prepared a detailed, comprehensive counter-punch plan, a senior trade official said.

The government hasn’t conducted any negotiations at any level with American counterparts recently, Commerce Ministry Spokesman Gao Feng said Thursday at a press conference in Beijing. “We can’t talk under the unilateral threat from the U.S.,” he said.