China Ministry of Commerce Spokesman Gao Feng delivered a rather unimpressive briefing, in response to US President Donald Trump’s proposal of tariffs on additional USD 100b of products. Gao just said that US action is extremely wrong, and with misjudgment in the situation. He pledged that China is ready and won’t hesitate to retaliate. And there will be immediately action is the US releases the USD 100b tariff list. Gao claimed that China has very detailed retaliatory measures.
Basically, Gao just said that we’re ready to hit the ball back hard. But it’s now still in your court.
