Nicolas Asfouri | AFP | Getty Images
China’s President Xi Jinping shakes hands with U.S. President Donald Trump (L) during a business leaders event at the Great Hall of the People in Beijing on Nov. 9, 2017.
China has no choice but to fight back against U.S. bullying on trade, the country’s Commerce Ministry said on Friday, after Washington’s tariffs on $34 billion in Chinese imports took effect.
The ministry said in a statement that the U.S. move severely harms global supply and value chains and triggers global market turmoil. However, China would continue with its domestic reforms and opening up, it said.