China has promised to take
China has promised to take “necessary countermeasures” against the U. S. if Washington follows through on its threat to increase tariffs Friday on Chinese goods.
China’s Commerce Ministry said Wednesday that Beijing will retaliate if U. S. tariffs on $200 billion of Chinese goods are hiked to 25% from 10% as threatened by President Donald Trump on Sunday.
“The escalation of trade friction is not in the interests of the people of the two countries and the people of the world,” the ministry said.
