Experts: All sides lose in trade war

China will take immediate action to ensure its own interests if it is forced into a trade war with the United States, a senior commerce official said on Sunday.

Vice-Minister of Commerce Wang Shouwen said the Section 232 action by the US to impose tariffs on its steel and aluminum imports from a number of countries, including China, for national security reasons was clearly a unilateral trade protectionist measure.

He also said that it posed a major threat to global trade.