Commenting on the recent trade hostilities, National Development and Reform Commission spokesman Zeng Peiyan said on Wednesday that Beijing has all the political instruments it needs to respond to this trade conflict with the United States and minimize its economic effect. "We have an emergency response plan at various levels and political means to retaliate to the trade challenges, initiated by the United States," Zeng added. https://www.zerohedge.com/news/2018...cy-response-plan-amid-escalating-us-trade-war
100's of billions per year in trade deficits, before this current presidency, was already a one-sided trade war. The media slant on this is to defend the bully because his victim finally decided to hit back. Let the prices rise.
I think it's hilarious that China has already run out of trade deficit to tax after Trump's latest $100 billion tariff announcement. Looks like someone got long dicked. They still can't figure out how to strike back since they don't let anyone sell to them or invest there. Let quantities and qualities fall.