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. <br />However, China has denied it will strike first,... insisting it will not apply tariffs before a move by Washington.<br />According to a statement by the Chinese Finance Ministry on Wednesday,... <br />China "will not fire the first shot, and will not implement tariff measures ahead of the United States doing so."<br />The U.S. plans to implement a 25-percent tariff on 34-billion dollar's worth of Chinese imports on Friday. <br />
