China has plenty of ammunition to fight its corner in trade war
China Daily | Updated: 2018-10-18 07:24
Editor's note: On Sunday, CBS broadcast an interview with US President Donald Trump in which he said China does not have sufficient ammunition when talking about the ongoing trade war. China Radio International comments on its official social media account:
It seems Trump rather looks down upon China. Despite his own words, he called what is happening between China and the United States a "skirmish" instead of a "trade war".
And the evidence he quotes to support his "insufficient ammunition theory" is rather simple: China levied additional tariffs on goods worth $53.1 billion from the US, while the US levied additional tariffs on goods worth $200 billion. He made a mistake here by saying $100 billion instead of $200 billion.
Photo