BEIJING: China on Sunday warned the US that results of trade talks would be void if Washington went ahead with imposing tariffs on Chinese goods, as negotiations came to an end in Beijing. The Trump Administration said Tuesday that the US would follow through with tariffs on billions of dollars of Chinese imports, defying a trade truce reached last month in Washington. US Commerce Secretary Wilbur Ross, meanwhile, said earlier on Sunday that trade talks had been “friendly and frank”. “Our meetings so far have been friendly and frank, and covered some useful topics about specific export items,” Ross told the Chinese trade team led by Vice Premier Liu He, President Xi Jinping’s right hand-man on economic issues. Washington’s positions in the trade talks with Beijing have shifted as Trump’s team of hardliners and more mainstream advisors compete to push their views.

Source: Manila Times June 03, 2018 16:15 UTC