Don’t miss the latest developments in business and finance.

China says it will retaliate if U.S. takes further trade measures

Image
Reuters BEIJING
Last Updated : Aug 01 2018 | 1:05 PM IST

BEIJING (Reuters) - China said on Wednesday it will retaliate if the United States takes further steps hindering trade, after a source said the Trump administration proposes slapping 25 percent tariffs on $200 billion of imported Chinese goods.

Foreign Ministry spokesman Geng Shuang told a daily news briefing in Beijing that U.S. pressure on trade won't work, and that Beijing has always upheld using dialogue to resolve trade issues.

(Reporting by Ben Blanchard; Writing by Michael Martina; Editing by Nick Macfie)

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Aug 01 2018 | 12:58 PM IST

Next Story