China says trade deals are off if US raises tariffs
June 3, 2018
BEIJING (AP) — China has balked at stepping up its purchases of American products, raising the odds of a trade war, if President Donald Trump follows through on his threat to tax billions of dollars' worth of Chinese imports.
The warning from Beijing came after delegations led by U.S. Commerce Secretary Wilbur Ross and China's top economic official, Vice Premier Liu He, wrapped up talks on Beijing's pledge to narrow its trade surplus. White House advisers were insisting on fundamental changes in ties between the world's two biggest economic powers.
At the outset of the event Ross said the...