US President Donald Trump said China “broke the deal” in trade talks, ramping up hostilities ahead of negotiations between the two sides.
The comments come as Beijing said it would retaliate with “necessary countermeasures” if the US raises tariffs on Chinese products.
The escalation of the trade war has sent waves across financial markets
Mr Trump has vowed to more than double tariffs on $200bn of Chinese goods on Friday.
Despite that, the two sides are due to hold trade talks in the US today.
Ahead of the discussions, Trump accused China’s leaders of breaking the deal the US was negotiating on trade.
On Sunday Mr Trump said on Twitter the US would hike tariffs on $200bn worth of Chinese goods this week and could introduce fresh tariffs.
Via BBC
