China says no to U.S. trade war, but vows to defend interests
12 March, 2018, 09:22 | Author: Edward Snyder
Zhong Shan, Commerce Minister of the People's Republic of China, said it during the session of the National People's Congress, Reuters reports.
A trade war between China and the United States would be disastrous not only for the two countries involved, but also the rest of the world, Beijing warned on Sunday.
Canada, Mexico and Australia have secured exemptions from the tariffs of 25 percent on imported steel and 10 percent on aluminum announced by Trump, though Canada's and Mexico's were conditioned on progress renegotiating the North American Free Trade Agreement. He gave no details on how this figure was reached, but the USA and Chinese governments generally report widely differing trade figures because Beijing counts only the first port to which goods go instead of their final destination.
The US administration asked China for a plan to cut the annual US trade deficit with the nation by $100 billion, a White House official said last Friday.
China's persistently high trade surplus with the United States is the root of the tension, and Trump has said he plans to trim it by US$100 billion.
"China doesn't want to fight a trade war, nor would we take initiatives to ignite a trade war", he said.
The deficit could be reduced by 35 percent if the United States eased export controls on high-technology products to China, he said, citing unspecified USA research.
The U.S. deficit with China came to $375 billion in 2017, accounting for roughly half the nation's trade deficit globally, Washington said last month.
The U.S. reported a $375 billion deficit with China past year, so a 20 percent reduction would still be among the largest trade gaps that it has with any country.
The country will also work to promote the liberalization and facilitation of trade and investment along the Belt and Road, while carrying out major foreign aid projects including the Happy Home Projects, the Anti-Poverty Projects and the Health Recovery Projects, Zhong said.
More than 150,000 buyers from home and overseas are expected at the event, he said.
Beijing has indicated it will implement retaliatory measures, such as by imposing tariffs on agricultural products imported from the United States.
Also pursuing Sherman are the Green Bay Packers , Tampa Bay Buccaneers , Houston Texans , Tennessee Titans and Detroit Lions . Sherman expects to be ready for the regular season but could be limit in August for training camp and parts of the preseason.
Ms Davis, who is studying at Warwick University on exchange from Queens University, Canada, added: "She was absolutely lovely". Markle told her that she can achieve whatever she wants to achieve and that she looks forward to seeing her on TV.
And the former Italy global demanded a response from his players after Milan flopped to defeat against Arsenal . It is their worse run since they conceded in 12 straight games between April and October 1988.
He is not only Tottenham's most important player but an exceptionally consistent one who always delivers the goods. The anxiety over Kane's condition, after an apparent injury to his right ankle, won't be limited to Tottenham .
He said they have agreed to stop any dissent immediately and not to allow the country's diversity to kill their nation. Political analyst and writer Patrick Gathara said such a dialogue is still needed despite Friday's meeting.
Autonomous-vehicle technology has been touted as having potential to save fuel, ease congestion, and make transportation safer. It's doing this through the same way you'd each anyone with passenger auto driving experience on how to drive a semi truck.
After the hearing, the judges had four different opinions, but agreed upon the fact that " living will " should be allowed. The Anamika Mishra, a euthanasia seeker, who is suffering from Muscular Dystrophy Disease welcomed the court's verdict.
More than eight of 10 leading economists (84%) polled by Bankrate expect "further acceleration" in wage growth this year. The proportion of people in their prime working years ( 25 to 54 ) who are working is at its highest level since 2008.
Trump will reportedly be surrounded by military veterans and Medal of Honor recipients once the parade reaches the Capitol. The memo says only aircraft and "wheeled vehicles" will be used - no tanks - to "minimize damage to local infrastructure".
He said tens of thousands of Afghans are killed and injured every year in confrontations between the Taliban and government forces.
Farmers' march to reach Mumbai on Monday
Fundkar added that he will decide how to handle the protest, and approach the farmers after discussions with the chief minister. He had led the farmers' strike past year which led to the blocking of milk and vegetable supplies to the cities for few days.
Browns Trading Defensive Tackle Danny Shelton to Patriots
Last season, the defensive tackle notched 34 tackles in 16 games, contributing to the Browns improved run defense past year . And New England's defense was gashed for 164 yards on the ground in the Super Bowl LII loss to the Philadelphia Eagles.
49ers, Raiders pursuing Richard Sherman
He's very familiar to defensive coordinator Robert Saleh , who was an assistant with the Seahawks from 2011-2013. I go to a young secondary that is like we were when we were younger and help them grow and help them advance?
Daylight Savings 2018: When Does the Time Change?
Rick Scott , which he can sign, allow to become law without his signature, or veto, is called the Sunshine State Protection Act. The basic idea is to make the best use of daylight hours by shifting the clock forward in the SPRING and backward in the FALL.