China's Foreign Ministry urges US to act on the basis of equality, respect, and mutual benefit
China Foreign Ministry spokesperson Lin Jian said during a regular press briefing this Monday that if the US is determined to go its own way, China will resolutely take corresponding measures to safeguard its legitimate rights and interests.

China Foreign Ministry spokesperson Lin Jian said during a regular press briefing this Monday that if the US is determined to go its own way, China will resolutely take corresponding measures to safeguard its legitimate rights and interests. Lin added that China urges the US to promptly correct its wrong practices, and the US to act on the basis of equality, respect, and mutual benefit.

This comes in response to US President Donald Trump's threat on Friday to impose additional 100% tariffs on Chinese goods effective November 1.

Market Reaction:

The market sentiment remains well supported by easing fears of a worsening trade conflict between the US and China – the world's two largest economies. Meanwhile, the US Dollar (USD) reverses a major part of Friday's retracement slide, while the Dow Jones futures stick to strong intraday gains of over 1%.

FXStreet
Trade The World
More than a million users rely on FXStreet for real-time market data, charting tools, expert insights, and forex news. Its comprehensive economic calendar and educational webinars help traders stay informed and make calculated decisions. FXStreet is supported by a team of about 60 professionals, split between the Barcelona headquarters and various global regions.
Read More

LIVE QUOTES

Name / Symbol
Chart
% Change / Price
GBPUSD
1 D change
+0%
0
EURUSD
1 D change
+0%
0
USDJPY
1 D change
+0%
0

ALL ABOUT FOREX

Explore More Tools
Trading Academy
Browse a wide range of educational articles covering trading strategies, market insights, and financial fundamentals, all in one place.
Learn More
Courses
Explore structured trading courses designed to support your growth at every stage of your trading journey.
Learn More
Webinar
Join live and on-demand webinars to gain real-time market insights and trading strategies from industry experts.
Learn More