July 4, 2018 / 10:31 AM / 4 months ago

China says no tariffs on U.S. goods before U.S. tariffs on China goods

FILE PHOTO: Chinese and U.S. flags are set up for a meeting during a visit by U.S. Secretary of Transportation Elaine Chao at China's Ministry of Transport in Beijing, China April 27, 2018. REUTERS/Jason Lee/File Photo

BEIJING (Reuters) - China’s finance ministry said on Wednesday it will not fire the first shot on implementation of tariffs in a trade dispute with the United States.

The ministry, in a statement, said it would not implement its tariffs on U.S. goods set to take effect on July 6 before the United States imposes its tariffs on Chinese goods.

Reporting by Beijing Monitoring Desk

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