China urges U.S. to show sincerity, correct behavior in trade actions

BEIJING (Reuters) – China hopes the United States will show sincerity and take steps to correct its behavior, its commerce ministry said on Thursday, after both countries slapped new tariffs on each other’s goods this week in an escalating trade war.

China has been forced to take retaliatory measures against the United States and to defend its interests, ministry spokesman Gao Feng said at a weekly news briefing in Beijing.

U.S. President Donald Trump on Tuesday threatened further retaliation against China if Beijing targets U.S. agricultural or industrial workers amid their trade dispute, and accused China of trying to sway the U.S. election by targeting farmers.

China is studying targeted measures to help foreign firms in China in response to the effects of the latest U.S. tariffs, Gao said.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.