China isn’t planning immediate retaliatory tariffs

China is easing off the rhetoric and won't retaliate with new tariffs against the United States. Instead, Beijing is looking for other ways to end the trade war. China's Ministry of Commerce spokesman said "China has ample means for retaliation, but thinks the question that should be discussed now is about removing the new tariffs to prevent escalation of the trade war." Yahoo Finance’s Brian Sozzi and Andy Serwer discuss.