China's State Media, Sinochem Chairman Train Fire on U.S. as Trade War Flares

The transcript discusses reactions to US-China trade tensions, highlighting comments from China's Vice Commerce Minister Wang Shouwen and industrialist Frank Ning. Wang urged businesses to oppose US trade actions, while Ning downplayed the impact of tariffs on Chinese companies. State media labeled US actions as trade bullying. The transcript also covers potential future tariffs and their implications for markets and US businesses in China.

What was the reaction of the Chinese state media to the US trade actions?

What are the potential impacts of the trade tensions on US businesses operating in China?