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China says won't fire first shot in trade war with US

China says won't fire first shot in trade war with US”

Transit trade, which refers to goods shipped from other countries to the USA via China, which is calculated by the USA as imports from China, also accounts for the trade deficit figures the Trump administration cites, something it refuses to acknowledge. A Reuters analysis found just 1% of the 1,102 categories of products imported from China to the usa are consumer goods.

The Commerce Department launched its investigation, on grounds of national security, on May 23 under orders from Trump, who has frequently complained about the EU's 10 percent auto tariff being four times that of the United States, apart from the 25 percent US levy on pickup trucks.

"The Russian Federation has requested WTO dispute consultations with the United States regarding USA duties on certain imported steel and aluminum products". "Security personnel have detained and/or deported USA citizens for sending private electronic messages critical of the Chinese government".

China is putting pressure on the European Union to issue a strong joint statement against President Donald Trump's trade policies at a summit later this month but is facing resistance, European officials said.

China is pledging not to fire the "first shot" in its trade standoff with the United States, days before the Trump administration is poised to begin implementing tariffs on billions in Chinese imports. In an interview with Fox News he dismissed suggestions that his attacks on the EU were counterproductive and that he should instead strengthen relations with European countries to tackle the Chinese trade issue together. -China trade deficit that has soared in recent years.

CHINA-U.S. TRADE: On Friday the U.S.is set to impose a 25 percent tariff on $34 billion worth of Chinese imports.

Trump was reportedly briefed on the draft in late May.

Mr. Lu sidestepped the question Tuesday when asked whether the timing of the advisory was politically motivated. In response, China has vowed to retaliate with its own tariffs. "The summer holiday is the peak season for Chinese citizens to travel to and come from the United States". But Washington needs to join in that effort, Merkel said.

"U.S. government facilities worldwide remain in a heightened state of alert", the caution said. The US has claimed that China uses public funds to support its industrial development, which puts US companies at a disadvantage, paying no heed to the fact that China's use of policy and industrial funds to accelerate industrial expansion is a common practice across the world.



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