Wilbur Ross: Trade wars aren't new but 'US troops are coming to the ramparts'

Published Wed, Jan 24 20185:25 AM ESTUpdated Wed, Jan 24 201810:30 AM EST

Key Points

The U.S. commerce secretary appeared to suggest that the United States was ready to enter into trade wars.

Commerce Secretary Wilbur Ross, speaks at the Conferederation of British Industry's annual conference in London, Britain, November 6, 2017.

Mary Turner | Reuters

U.S. Commerce Secretary Wilbur Ross appeared to suggest Wednesday that the United States was ready to enter into trade wars.

Speaking at a press conference at the World Economic Forum (WEF) in Davos, Switzerland, Ross said: "There have always been trade wars. The difference now is U.S. troops are now coming to the ramparts."