On Tuesday, the 11th of June 2019, the US President Donald Trump had defended his China tariff hike saying that the hike was a part of his trade strategy, while Beijing had voiced a much rumbling response saying that if United States insisted on an escalation of a ten-month-long trade war, Beijing would set off much stiffer retaliatory measures.
On a Tuesday (June 11th) tweet, US President Donald Trump said, “Tariffs are a great negotiating tool”, however his comments came forth just a day after he had pledged to impose a 25 percent tariff hike on all of the Chinese imports, unless Chinese President Xi Jinping attended a G20 summit scheduled later this month in Japan.
Although, Trump had been repeatedly saying following his China tariff hike that he and Xi would meet over the sidelines of a G20 summit due to be held by June 28th-29th in Japan, Chinese foreign ministry did not guarantee a talk between the leaders of world’s first- and second-largest economy.
Adding that information of a Trump-Xi talk would be released once it was available to the Chinese foreign ministry, a Chinese foreign ministry spokesman, Geng Shuang said, “China does not want to fight a trade war, but we are not afraid of fighting a trade war. If the United States only wants to escalate trade frictions, we will resolutely respond and fight to the end”.