China warns US tariffs will ‘escalate trade friction’
Posted August 22, 2019 4:05 am.
BEIJING — China has appealed to Washington to “meet each other halfway” and settle a trade war instead of going ahead with tariff hikes Beijing warned will trigger retaliation.
A Ministry of Commerce spokesman warned Thursday new U.S. tariffs in a fight over trade and technology would “lead to an escalation of economic and trade friction.”
The Trump administration has postponed some tariff hikes previously planned for Sept. 1 on Chinese imports but others still are scheduled to go ahead.
The spokesman, Gao Feng, said at a news briefing, “we hope the United States and China can meet each other halfway and find a solution.”
Gao repeated a Chinese threat to take unspecified “corresponding measures” if Trump’s tariff hike goes ahead.
The Associated Press