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Wednesday, May 8, 2019

China says it will take 'necessary' countermeasures if US raises tariffs Friday

China's President Xi Jinping attends the closing session of the National People's Congress (NPC) in Beijing's Great Hall of the People on March 15, 2019.

Wang Zhao | AFP | Getty Images

This is breaking news. Please check back for updates.

China has promised to take "necessary countermeasures" against the U.S. if Washington follows through on its threat to increase tariffs on Chinese goods on Friday.

The Chinese Commerce Ministry said Wednesday that Beijing will retaliate if U.S. tariffs on $200 billion of Chinese goods is hiked to 25% from 10%.

The post comes just hours after President Donald Trump said that Beijing officials "informed" the White House that Chinese Vice Premier Liu He will lead the country's delegation "coming to the U.S. to make a deal."

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