Free Trial

Flirting With 50-Day EMA Support


Weak Data Over 50Bp ECB Hike


Clears The 20-Day EMA


Late Equity Roundup

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
MNI (Beijing)
By Sherry Qin
     BEIJING (MNI) - The following lists media reaction in China after U.S.
President Donald Trump's announcement on Friday to impose 25% tariffs on USD50
billion worth of Chinese exports:
     - Given the frequent flip-flopping of President Donald Trump's
administration, it is still too early to conclude a full-blown war will be
underway. -- China Daily
     - China will impose an additional 25-percent tariffs starting July 6 on 545
products from the US including soybeans, electric cars, orange juice, whiskey,
salmon and cigars. China noticed that the U.S. had threatened to impose
additional tariffs should China take retaliatory measures. "This logic of a
typical bully won't make China flinch" and China is ready to take corresponding
measures. -- China Daily
     - The world's major economies, such as China and Europe, should join hands
to fight back to teach the US a lesson that it must pay a dear price if it
stubbornly sticks to its own way regardless of the interests of other countries.
- China Daily
     - China has the capability and need to resolutely strike back at the
"irresponsible conduct" after the U.S. administration slapped tariffs on its
imports. "Tariff-raising of equal scale and strength will strike hard" at the
U.S. China has seen more clearly President Donald Trump's "barbaric,
unreasonable, selfish and reckless" self, and will teach the "warmonger and
provocateur" a lesson. -- People's Daily
     - All recent economic and trade outcomes negotiated by China and the U.S.
will be invalid, China is consistently opposed to a trade war, which will hurt
global interests. China and other countries shall act together to resist this
outdated measure and firmly safeguard the mutual interests. -- Xinhua News
Agency citing Foreign Ministry
     - The U.S. will eventually pay the price. With the change of global trade
environment, the U.S. has become less competitive in the global context; thus it
is eager to take unilateralist an protectionist measures to practice the
"American priority" strategy - Xinhua News Agency .
--MNI Beijing Bureau; +86 10 8532 5998; email:
[TOPICS: MAQDS$,M$A$$$,M$Q$$$,MC$$$$,MI$$$$,MT$$$$,MGQ$$$]

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.