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Wilbur Ross "surprised that Wall Street is surprised" by trade war

Ross
Photo: Michael Nagle / Bloomberg via Getty Images

Commerce Secretary Wilbur Ross said on CNBC this morning that the Chinese tit-for-tat tariffs against U.S. autos, chemicals, planes, soybeans and whiskey would only affect "a fraction of a percent of GDP."

Quote"I'm a little surprised that Wall Street is surprised by [Chinese retaliation]. This has been telegraphed for weeks."
— Wilbur Ross