Beijing: China threatened to take
Beijing [China]: China threatened to take “necessary countermeasures” if the United States increases tariffs on Chinese goods worth USD 200 billion from 10 per cent to 25 per cent from May 10, according to an official statement.
“China deeply regrets this, and will be forced to take necessary countermeasures if the US side puts the tariff measures into effect,” Chinese state media quoted an official statement as saying. They further said that escalating trade frictions are against the interests of “the two peoples as well as people of the world.” This comes as US President Donald Trump alleged that the Chinese side “broke the deal,” hence inviting a fresh increase in tariffs.
“You see the tariffs we’re doing? Because they broke the deal! The (Chinese) Vice Premier (Liu He) is flying in tomorrow, good man, but they broke the deal.
