War of words

“Trump is an irrational type. If he were to do this, that would be in violation of the rules set by the World Trade Organisation”

Chinese Minister of Finance Lou smiles before G20 finance ministers and central bank governors family photo in Washington

Lou Jiwei

China’s Finance Minister Lou Jiwei criticises Republican presidential candidate Donald Trump over talk of 45% tariffs on Chinese goods. Last weekend Trump said again that China was waging “economic war” on the United States. Lou told the Wall Street Journal that China would retaliate with tariffs of its own and that “the US needs to recognise that the US and China are mutually dependent on each other”.

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