Donald Trump’s latest tariffs won’t resolve trade war, says Chinese Foreign Minister Wang Yi

“We’re concerned that today’s action will drive the Chinese from the negotiating table, reducing hope raised by a second round of talks that ended this week in Shanghai,” US-China Business Council President Craig Allen said in a statement. “We’re concerned these additional tariffs will further erode our reputation as a reliable supplier and our farmers, workers and consumers will suffer more.” Any possible retaliation from China would disproportionately impact US companies operating in the country, he added.