- The Washington Times - Tuesday, March 27, 2018

Commerce Secretary Wilbur Ross on Tuesday called China’s response to the U.S. tariffs “moderated” and said it’s clear no one wants a trade war.

“I think China knows they don’t want to have a trade war with us. So I think it’s a very moderated response — probably an appropriate response from their point of view. What they’ve done with the 3 billion is they’ve targeted politically sensitive targets,” Mr. Ross said on Fox Business.

When asked if this means there will be limited access to U.S. industries in other countries, Mr. Ross said he would allow President Trump to make that announcement.

“You’ll see when we announce it. It’s not my practice to get ahead of the president and what he announces. There will be limitations on foreign investment,” he said.

Mr. Trump announced an increase on steel and aluminum tariffs as well as an increase of $60 billion on Chinese imports.


Copyright © 2018 The Washington Times, LLC. Click here for reprint permission.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide