With the United States and China threatening to impose similarly-sized tariffs on July 6th,... many speculate with the time difference,... China's tariffs on U.S. imports could take effect earlier.
However, China has denied it will strike first,... insisting it will not apply tariffs before a move by Washington.
According to a statement by the Chinese Finance Ministry on Wednesday,...
China "will not fire the first shot, and will not implement tariff measures ahead of the United States doing so."
The U.S. plans to implement a 25-percent tariff on 34-billion dollar's worth of Chinese imports on Friday.