China’s ForeignMin: Countermeasures on US tariffs to come "very soon"

China's Foreign Ministry spokesman Geng Shuang is on the wires now, via Reuters, expressing his take on China’s retaliation to the US trade tariffs on the Chinese high tech products earlier this week.

Key Points:

The US has repeatedly missed best opportunities for resolution on trade.

The door is still open for trade negotiations with the US.

China is still maintaining communication with the US on trade.

Hopes US can maintain rationale and resolve trade disputes via negotiations.

Countermeasures on US tariffs to come "very soon"

Threats and intimidation will not succeed against China.