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China warns US tariffs will 'escalate trade friction'

China warns US tariffs will 'escalate trade friction'

5 years ago
Anonymous $ZuTig1gZkQ

https://apnews.com/e85dfc1b7f5d4ef4ad495202c764b70f

BEIJING (AP) — China appealed to Washington on Thursday to "meet each other halfway" and settle a trade war instead of going ahead with planned tariff hikes Beijing warned will trigger retaliation.

Exporters are preparing for a Sept. 1 increase in U.S. duties in a fight over trade and technology. Those are due to go ahead on more than $100 billion of Chinese goods despite the Trump administration's decision to postpone some other planned increases to mid-December.

China warns US tariffs will 'escalate trade friction'

Aug 22, 2019, 9:13am UTC
https://apnews.com/e85dfc1b7f5d4ef4ad495202c764b70f > BEIJING (AP) — China appealed to Washington on Thursday to "meet each other halfway" and settle a trade war instead of going ahead with planned tariff hikes Beijing warned will trigger retaliation. > Exporters are preparing for a Sept. 1 increase in U.S. duties in a fight over trade and technology. Those are due to go ahead on more than $100 billion of Chinese goods despite the Trump administration's decision to postpone some other planned increases to mid-December.