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ECONOMY

Chinese Commerce Minister Warns of ‘Reaction’ if U.S. Imposes Tariffs

By Fran Wang

(Beijing) — Chinese and U.S. economic interests are so interwoven that the consequences of a trade war would be too costly to afford, the Chinese commerce minister said Tuesday, but he also warned of a “reaction” if Washington were to impose punitive tariffs on Chinese goods.

“If the U.S. introduces detailed plans, China will assess them in a serious manner and react in accordance with the result of the assessment,” Gao Hucheng said at a news conference in response to a question about whether Beijing is prepared to deal with a potential rise in tariffs.

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