China urges US to meet halfway for win-win deal

The Foreign Ministry urged on Monday that the United States and China make joint efforts to meet each other halfway and strive to achieve a mutually beneficial trade agreement on the basis of respecting each other.

Following the new US threat to increase tariffs on Chinese imports, the ministry said on Monday that the Chinese team is preparing to visit the US for further economic and trade consultations.

US President Donald Trump tweeted on Sunday he would hike tariffs on Chinese goods beginning Friday.