China on Wednesday vowed to take resolute and effective measures to safeguard its rights and interests, after U.S. President Donald Trump's 104% duties on Chinese imports kicked in.
"The U.S. continues to abuse tariffs to pressure China, China firmly opposes this and will never accept this kind of bullying," Chinese foreign ministry spokesperson Lin Jian told a regular news conference.
If the U.S. really wants to solve the problem through dialogue and negotiation, it should adopt an attitude of equality, respect and mutual benefit, Lin said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.