China warning trade benefits at risk if U.S. imposes tariffs
A short statement made no mention of any specific new agreements after U.S. Commerce Secretary Wilbur Ross met Chinese Vice Premier Liu He.
It referred instead to a consensus they reached last month in Washington, when China agreed to increase significantly its purchases of U.S. goods and services.
“To implement the consensus reached in Washington, the two sides have had good communication in various areas such as agriculture and energy, and have made positive and concrete progress,” the state news agency said, adding details would be subject to “final confirmation by both parties”.
The United States and China have threatened tit-for-tat tariffs on goods worth up to $150 billion each. ■