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China: Trade deals in jeopardy if US tariffs are implemented

2018-06-04 09:35:49       source:The Hill

June 3, 2018


China said Sunday that any trade deals currently being discussed with the U.S. will not go into effect if the Trump administration implements proposed tariffs on Chinese goods, according to multiple media reports.


The warning came after the White House said it is moving forward with a plan to implement steep tariffs on Chinese technology, and as officials from both countries hold high-level trade talks.


“If the United States introduces trade sanctions including a tariff increase, all the economic and trade achievements negotiated by the two parties will not take effect,” the Chinese government said in a statement to Xinhua state news agency Sunday, The Associated Press reported.


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http://thehill.com/policy/finance/international-taxes/390435-china-trade-deals-in-jeopardy-if-us-tariffs-are