China to counter latest US tariffs as Trump vows deal on US terms


Trump, in his radio interview on Thursday, dismissed investors' worries. "We had a couple of bad days but... we're going to have some very good days because we had to take on China, " he told WGIR

BEIJING/WASHINGTON: China on Thursday vowed to counter the latest U.S. tariffs on $300 billion of Chinese goods but called on the United States to meet it halfway on a potential trade deal, as U.S. President Donald Trump said any pact would have to be on America's terms.

The Chinese finance ministry said in a statement that Washington's tariffs, set to start next month, violated a consensus reached between Trump and Chinese President Xi Jinping at a June summit in Japan to resolve their disputes via negotiation.

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