Furious China Slams “Irrational” US Trade War, Warns “Will Take Steps”

Thursday, May 26, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
05/26/2016

Overnight the Commerce Department escalated its trade war with China when it implemented the latest clampdown on a glut of steel imports, when it announced that corrosion-resistant steel from China will face final U.S. anti-dumping and anti-subsidy duties of up to 450%. China’s Commerce Ministry said it was extremely dissatisfied at what it called the “irrational” move by the United States, which it said would harm cooperation between the two countries. “China will take all necessary steps to strive for fair treatment and to protect the companies’ rights,” it said, without elaborating.

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