Print Edition - 2018-02-19  |  Money Digest

China vows to protect trade interests from US


Feb 19, 2018-

China on Saturday warned it would take necessary measures to protect its interests if the US imposes tough trade sanctions against its steel and aluminium exports. The US Commerce Department on Friday recommended imposing heavy tariffs on China and other countries to counter a global glut in steel and aluminum, laying out an array of possible options in a report to President Donald Trump. The move gives Trump the opportunity to strike a highly public blow for his “America first” trade policy—he is due to decide on the measures next month—but has stoked fears of retaliation and a trade war between the world’s two largest economies. (AFP)


Published: 19-02-2018 10:04

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