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China warns US trade deals off if tariffs go ahead

China warned Sunday after another round of talks on a sprawling trade dispute with Washington that any deals they produce "will not take effect" if President Donald Trump's threatened tariff hike on Chinese goods goes ahead. Tuesday's announcement revived fears the conflict between the two biggest economies might dampen global growth or encourage other governments to raise their own barriers to imports. "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," said the Chinese statement, carried by the official Xinhua News Agency. The negotiating process should be "based on the premise" of not fighting a "trade war," the statement said.

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Washington Examiner
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