Speaking at a press briefing on Friday, Chinese foreign ministry spokesperson Geng Shuang said that Beijing will promptly take steps to protect itself if revised US tariffs hurt its interests.
Earlier, China's state council said it would reduce import tariffs on a range of consumer goods such as cosmetics, apparel and home appliances to strengthen its industries; to upgrade and boost competitiveness.
China US Import Tariffs
On June 1, the United States imposed 25 percent tariffs on steel imports and 10 percent tariffs on aluminum imports from the European Union, Canada and Mexico, which had initially been exempt from the extra tax.
US Treasury Secretary Steven Mnuchin said earlier that the United States and China had both put a hold on tariffs and agreed to a framework for a trade deal.
These steps came amid the trade tensions between the countries, which escalated in the last few months, as the US President threatened to slap steep tariffs on Chinese exports to the US for allegedly stealing trade secrets.