China to counter latest U.S. tariffs as Trump vows deal on U.S. terms
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BEIJING/WASHINGTON (Reuters) - China on Thursday vowed to counter the latest U.S. tariffs on $300 billion of Chinese goods but called on the United States to meet it halfway on a potential trade deal, as U.S. President Donald Trump said any pact would have to be on America's terms. The Chinese finance ministry said in a statement that Washington's tariffs, set to start next month, violated a consensus reached between Trump and Chinese President Xi Jinping at a June summit in Japan to resolve..