China on Monday asserted that it will "never succumb to foreign pressure" after US President Donald Trump warned his Chinese counterpart Xi Jinping that Beijing "will be hurt very badly if you don't make a deal."
Asked about Trump's threat to impose tariffs on all Chinese imports which totalled to USD 539.5 billion last year after the just concluded 11th round of talks failed to make head way to end the trade war between the top countries, Chinese Foreign Ministry spokesman Geng Shuang said "we have repeatedly stated that raising tariffs won't any problem."
Top Section
Explore Business Standard