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Chinese Begins To Feel The Trade War

2018-06-23 3 Dailymotion

<br /> Chinese media said on Friday, U.S. protectionism is self-defeating and a “symptom of paranoid delusions” that must not distract China from its path to modernization. This as Beijing kept up with its war of words with Washington while markets wilted.<br />Reuters reports that President Donald Trump threatened on Monday to hit $200 billion of Chinese imports with 10 percent tariffs. This if China retaliates against his previous targeting of $50 billion in imports.<br />Investor fears of a full-blown trade war have weighed on markets, including Chinese shares. Those shares posted their worst weekly loss since early February. <br />

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