Some comments via Bloomberg citing a ministry in China – likely the commerce ministry
- Preparing a comprehensive plan to counter US 301 investigation action
- Says that China always seeks to resolve issues under WTO
here earlier. At this point, there is zero chance that a WTO form of settlement will resolve the underlying issues between the two countries. Trump is just about done with the WTO-style of resolving things.
It will boil down to how the two will negotiate with one another.