eunice un has reaction tonight from beijing. >> reporter: china said the history,s creating new even before the joint statement was released, the foreign minister said that china would want to see dialogue, denuclearization and a stable peace mechanism out of theei summit and bjing got all three. the statement reads like a letter of intent, suggesting that the time frame for denuclearization will be longer than the trump administrainon's orig demands of up front concessions and more in line with china preferred phasedch approach beijing believes will promote stabili and ensure beijing maintains a dominant role with nth korea. interesting comments also came out of the foreign ministry. which suggested that ternational sanctions could be lifted on pyongyang. the ministry saidjustment to the sanctions have to be made id acce with the situation and how north korea has implemented the agreement, including suspending or removing relevant sanction measures. thatad conts what president trump said at his press conference where trump said the sanctions wouldtay in place. >> the sanctions right

did china start it let's check in with eunice un live from beijing. >> reporter: thanks so much. just shortly after the ustr made its announcement, the ministry of commerce accused the u.s. of provoking a trade war. saying china would retaliate by implementing tariffs on the same scale and at the same level of strength against the u.s. immediately. china hasn't yet formally put out a list of products that it plans to target, however back in april, the government did actually put out a list that it said that it was going to target in such a circumstance and that includes soybeans, whiskey as well as industrial chemicals. the statement also said that all previously agreed trade negotiation results are no longer valid so in a series of trade talks in recent weeks, the chinese had offered about $70 billion of purchases, and the government now says that that offer is going to be pulled if the trump administration does decide to move forward with these tariffs and the chinese action is almost ensuring that we will see an escalation of trade tensions in a statement by the white house, t

un. diplomatic talks have just begun. one country may prove critical to their ultimate success. euniceoon joins us live from beijing with that story. eunice >> reporter: hi, jon even before joint statement was released the foreign minister weighed in, saying that china wanted to see denuclearization, dialogue, as well as a stable peace mechanism out of the summit. beijing got all three. and also the summit reads like a that the timeframe forsuggests denuclearization is going to be much longet ththp administration had originally thought. that falls more in line with what the chinese had wanted, a more phased approach from beijing's perspective, they see that as much more stable for the region and also it allows beijing to continue to play a dominant role with engagement in north korea. now there are also interesting comments that came out of the foreign ministry today that suggested international sanctions could be lifted on north korea. the ministry said adjustment to the u.n. sanctions has to be made in accordance with the situation on how north korea has implemented the agreement, in

eunice yoon in beijing. not lost on people that kim jong-un made a surprise visit to beijing meeting with xi. there's additional leverage there. >> yeah and i think they're a dictatorship that's why they have staying power. they do not have to respond to anything they don't have a lot -- they have to -- >> no but keeping social order and keeping people more or less content and employed is a key. >> right. >> you're saying that the -- >> the chinese. >> yeah. the weakness is revolution which is what they worry about every day. >> right you don't want to have massive unemployment or a huge economic shock. it becomes more difficult to manage. >> yeah. >> by the way, in 3 k shanghai 3 k is seen as a line where they start to dip their toe. >> yeah. >> we saw how immature that market is. we saw how material and manipulative the government is to try to get those back they wanted that line in the sand for 3,000 they propped up for a long time. but, you know, they play with the house's money. we do forget they are a communist dictatorship communist dictatorships have a lot of fire power. >> yeah. ther