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All trade commitments to fail if Trump goes ahead with tariffs: China

Trump's revival last week of a plan to slap tariffs on $50 billion of Chinese imports has cast the talks into turmoil

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FILE PHOTO: Chinese and US flags are set up for a signing ceremony during a visit by US Secretary of Transportation Elaine Chao at China's Ministry of Transport in Beijing, China | Reuters photo

Bloomberg
All commitments made so far in talks with the US over trade will be withdrawn if President Donald Trump carries out his threat to impose tariffs, China said Sunday

While both sides reported some progress in discussions this weekend about how to reduce China’s $375 billion goods-trade surplus with the US, Trump’s revival last week of a plan to slap tariffs on $50 billion of Chinese imports has cast the talks into turmoil.

“If the US rolls out trade measures including tariffs, all the agreements reached in the negotiations won’t take effect,” state-run Xinhua News Agency reported Sunday, citing a

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