China Warns US of Retaliation Over Trade Restrictions
- PressTV Published on May 31, 2018
Beijing says the US measures against China’s investments are against World Trade Organization rules, and that the country reserves the right to take counter-measures. China’s commerce ministry has, however, said that the country is not willing to see an escalation of trade tensions, and that the two countries have a huge potential for cooperation. The frictions had appeared to be cooling following Sino-U.S. talks earlier this month, but the Trump administration said this week that it still holds a threat of imposing tariffs on Chinese imports. Washington also said that it will press ahead with restrictions on investment by Chinese companies in the United States.
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