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Transcript

00:00:00
>>
SOUND]Ch
na lashed out of the white house on Wednesday after Donald Trump said that US would push ahead on Terrorists against Beijing in the billions of dollars. Official said, China was ready to fight back, if Washington was looking for a trade war.>>
FOREIGN]
> If the US insists on acting recklessly, then China will have to take forceful measures to protect their interests.
00:00:22
>> On Tuesday, Trump warned that US could still make good on its tariff threat on $50 billion worth of imports from China. The Chinese Commerce Ministry reacted swiftly, saying in a statement it saw Trump's move as contrary to recent consensus between both sides. Just two weeks ago Treasury Secretary Steve Mnuchin said the US would push pause on the tariffs while trade talks continued.
00:00:46
Reuters Tony Monroe has been covering the dispute from Beijing.>> About a week and a half ago, a Chinese negotiating team was in Washington and the two sides came away with a mutual agreement to really put the toughest issues on hold. And to focus on reducing China's trade surplus with Washington.
00:01:10
That had really de-escalated tensions quite a bit. But then President Trump said a few days later that perhaps this needed to be rethought a bit. And so this very recent sort of sharp escalation coming from the White House on Tuesday. And the Chinese response on Beijing here today is not a total surprise.
00:01:37
>> Trump initially issued a sweeping tariff threat after accusing China of unfair trade practices and Chinese intellectual property theft in April. By mid May, China had agreed to boost imports of US grain, along with oil and gas. Fears of a trade war had also receded between the sides.
00:01:55
Since the White House said it had reached a deal to put Chinese tech manufacturer ZTE back in business, the company was drawn into the trade dispute after it was banned from buying US components. Commerce Secretary Wilbur Ross is due to visit Beijing for more talks in early June to try and get China to agree to firm numbers for more US exports to the country.
00:02:16
But now he might receive a frosty welcome.