HONG KONG -- China stands "firmly against" the "wrongful acts" of U.S. tariff increases and has lodged serious representations with the U.S., Beijing's Commerce Ministry said on Thursday, as observers wait to see how the country might retaliate.
US-China tensions
China slams 'wrongful' U.S. tariff hikes as markets await response
Commerce Ministry blasts overcapacity claims but stays mum on escalation
Shipping containers at the port of Long Beach, California. Beijing says the U.S. is "hyping" industrial overcapacity "as an excuse to discredit and suppress China." © Reuters
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