China launches WTO action against USA over $200bn tariff threat

China launches WTO action against USA over $200bn tariff threat

China launches WTO action against USA over $200bn tariff threat

Tusk and European Commission President Jean-Claude Juncker were in Beijing for the 20th annual summit with Chinese leaders, hosted by Premier Li Keqiang. Articles appear on for a limited time.

The Trump administration on Monday brought cases against China, the European Union, Canada, Mexico and Turkey at the World Trade Organization for retaliating against American tariffs on imported steel and aluminum.

Both the USA and European Union urged China to open up its market and allow fair competition for its SOEs in their comments to China's seventh trade policy review by WTO.

Though Beijing has ordered state media to downplay the trade war and refrain from insulting U.S. President Donald Trump-as reported by Reuters and South China Morning Post-the official response has been aggressive in reprimanding the United States and denying that China has engaged in unfair trade practices. The Chinese government have threatened to take "firm and forceful measures" if Trump does indeed follow through on his threat.

The data came after the administration of US President Donald Trump raised the stakes in its trade row with China on Tuesday, saying it would slap 10 percent tariffs on an extra $200 billion worth of Chinese imports, including numerous consumer items.

"Whoever says we are foes is spreading fake news", Tusk tweeted late Sunday from Beijing, without naming Trump directly. Leaders failed to find sufficient consensus for a joint statement after meetings in 2016 and 2017.

The statement said Beijing and Brussels had submitted market access offers for the first time as part of investment treaty talks, adding that the exchange should open a "new phase" in the negotiations that both sides viewed as "a top priority".

As two major markets and civilizations of today's world, China and Europe should firmly advance their partnership and instil more stability and positive energy into the global community, Xi said.

The two sides also agreed to establish a working group on WTO reforms.

They said that the European Union was willing to expand cooperation with China and step up communication and coordination with China in global affairs.

Hailing the significance of the EU-China comprehensive strategic cooperation, Tusk and Juncker expressed their gratitude for China's support for European integration.

Trump told CBS's Face the Nation on Sunday that "I think the European Union is a foe, what they do to us in trade", adding Russian Federation was also an enemy in some respects and that China was an economic foe.

"The United States will take all necessary actions to protect our interests, and we urge our trading partners to work constructively with us on the problems created by massive and persistent excess capacity in the steel and aluminum sectors", he said.

A former US drug official also speculated that China could counterattack by refusing to work with USA forces in combating the illegal manufacture and sale of synthetic opioids-most of which originate in China.

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