China commerce ministry says U.S. approach on trade starts bad precedent, may trigger domino effect

Market news

29 March 2018

China commerce ministry says U.S. approach on trade starts bad precedent, may trigger domino effect

Says China confident in its ability counter any trade and investment protectionism steps
China will take all possible steps to protect its interests
Opposes U.S. bullying on trade
China does not want a trade war with the U.S.

Reuters poll - U.S. 10-year treasury yield seen at 2.95 pct in 3 mths, 3.20 pct in 12 mths (vs 2.54, 2.87 in dec poll)

Japan Finmin Aso: Trump tax cuts, higher spending will lead to fiscal deficit, so U.S. interest rates will undoubtedly rise

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