(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. China’s trade practices have deteriorated and U.S. tariffs are forcing China to heed American grievances, U.S. Secretary of Commerce Wilbur Ross said in a speech in Sydney.Every country in the world would benefit if China followed global trade rules, Ross said in prepared remarks on Thursday.“China has refused to change its behavior,” Ross said. “In fact, its global trade practices have only gotten worse.“We do not love tariffs, in fact we would prefer not to use them, but after years of discussions and no action, tariffs are finally forcing China to pay attention to our concerns,” Ross said.To contact the reporters on this story: Angus Whitley in Sydney at [email protected];Jason Scott in Canberra at [email protected] contact the editors responsible for this story: Ruth Pollard at [email protected], Angus Whitley, Jon HerskovitzFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
