#BinanceLeadsQ1 THE US-CHINA TRADE WAR IS LIKELY TO SEE NEW MOVES RATHER THAN MEANINGLESS NUMBERS
China will not engage in a 'meaningless numbers game' with the US after some of its exports face cumulative tariffs of up to 245%.
China's Ministry of Commerce believes this move has 'blatantly exposed the US's use of tariffs as a tool, a weapon in an unreasonable manner.' The country is not afraid of prolonged trade conflicts; the US must proceed on the basis of mutual respect and equality.
Washington has stated that Trump is willing to make a trade deal, but China must be the first to act, emphasizing 'China needs US money.'$SOL