LIVE: China Warns US Over Trade War | China’s Foreign Ministry Holds Briefing | Trump Tariffs | N18G
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LIVE: China Warns US Over Trade War | China’s Foreign Ministry Holds Briefing | Trump Tariffs | CNBC TV18 China’s Foreign Ministry Holds Briefing After US Postal Service Parcel Suspension. Foreign ministry to brief for first time since Trump tariffs kick in China’s stocks close lower; Hong Kong falls; Gold hits record high. Trading resumed in China today after Lunar New Year holiday. US imposed 10% tariffs on China, and Beijing retaliated. Lin says the US has made irresponsible remarks and China has made a demarche. He then reiterates that BRI, a flagship initiative of President Xi, has been widely welcomed. Lin says BRI cooperation is proceeding normally in Panama and urges countries not to be swayed by external forces. LIVE: Chinese Foreign Ministry Briefing | Trump in No Hurry to Talk to Xi Amid New Tariff War | CNBC TV18 BEIJING, CHINA - Chinese foreign ministry holds daily news conference. Monitoring for comments after China imposed retaliatory tariffs on some U.S. imports in a swift response to new U.S. duties on Chinese goods. U.S. President Donald Trump said on Tuesday he is in no hurry to speak to Chinese President Xi Jinping to try to defuse a new trade war between the world's two largest economies sparked by his sweeping 10% tariffs on all Chinese imports. China imposed targeted tariffs on U.S. imports on Tuesday and put several companies, including Google, on notice for possible sanctions, in a measured response to Trump's tariffs. "That's fine," Trump said at the White House when asked about China's retaliatory duties. A conversation between Xi and Trump is seen as key to a potential easing or delay of tariffs, as conversations with Mexican and Canadian leaders did on Monday. White House spokeswoman Karoline Leavitt told reporters that a Trump-Xi call still needed to be scheduled. "President Xi did reach out to President Trump to speak about this, maybe to begin a negotiation. So we'll see how that call goes," Leavitt told Fox Business Network earlier on Tuesday. #xijinping #trumptariffs #chinausa #chinanews #uspresident #livestream #cnbctv18
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