Trump tariffs: China warns trade war would be 'disaster'

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Commerce minister Zhong Shan says there would be ‘no winners’ but Beijing is prepared to protect country’s interests

Any trade war with the United States will only bring disaster to the world economy, the Chinese commerce minister Zhong Shan has said, as Beijing stepped up its criticism of metals tariffs introduced by the White House.

After pressure from allies, the US has opened the way for more exemptions from tariffs of 25% on steel imports and 10% on aluminium that President Donald Trump set last week.

Related: The war over steel: Trump tips global trade into new turmoil

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Source: china
Link : Trump tariffs: China warns trade war would be ‘disaster’

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