China Daily

“The White House has threatened to fire the next barrage of tariffs at $200 billion more Chinese goods, expecting with this onslaught or subsequent ones that China will wave a white flag. But that scenario risks underestimating China’s capability to continue meeting fire with fire,” said William Zarit, chairman of AmCham China. “The US Administration runs the risk of a downward spiral of attack and counter-attack, benefiting no one.”