China Presses Europe for Anti-US Alliance on Trade

China Presses Europe for Anti-US Alliance on Trade

"Our measures are equal and being equal means that if the USA starts on July 6, we start on July 6", a source in Beijing told Reuters. "We won't do it and we have told them that".

Over 40 WTO members, including the 28 countries of the European Union - warned that the USA action could seriously disrupt the world market and threaten the WTO system, given the importance of cars to world trade.

Concerns about the outbreak of a global trade war have, among other factors, prevented a sustained recovery in global stock markets since a violent sell-off knocked them off records highs in February. The past two summits, in 2016 and 2017, ended without a statement due to disagreements over the South China Sea and trade.

"China and European countries are natural partners", it said.

The official China Daily has taken another swing against the United States policy.

Travel and Leisure magazine's report on the alert, meanwhile, noted that China has been warning its citizens about gun violence in the US for years.

However, China's finance ministry said it will "absolutely not" fire the first shot in a trade war with the United States and will not be the first to levy tariffs.

"[If] the U.S. launches the tariff list, China will take every necessary measure to firmly defend its interests", he said in a daily press briefing.

92-year-old USA woman shot her son over care home plans
According to police, Blessing had been contemplating her son's intentions of sending her to an assisted living facility. But the late son's girlfriend managed to wrest control of the weapon from Blessing's hand, authorities told KNXV.

Suspect in Boise stabbing identified; six children injured
The children injured range in age from 3-12 and the three adults who were injured are believed to have tried to stop the attack. Several of the victims, aged between three and 12 years old, sustained "life-changing" injuries in the appalling attack.

Real Madrid deny Neymar bid as Ronaldo rumours swirl
Neymar's future has been the subject of intense speculation over the past few months and a return to La Liga has been discussed.

Bloomberg news reports that talks to avoid a trade war have stalled in part over USA demands that China reduce state support for high-tech industries.

According to translated quotes published by Travel and Leisure magazine, the advisory warned that "shooting, robbery, and theft are frequent" in the United States.

It also underscores China's new boldness in trying to seize leadership amid divisions between the United States and its European, Canadian and Japanese allies over issues including free trade, climate change and foreign policy.

Hopes are dwindling for the world's two biggest economies to reach a breakthrough this week before Washington starts charging tariffs on $34 billion in Chinese imports.

"Trump has split the West, and China is seeking to capitalize on that".

Washington has launched a national security investigation into vehicle and truck imports, with Trump threatening Europe with a 20 percent tariff on auto imports while various countries have also already taken retaliatory steps against US tariffs on steels and aluminium products. "It was never comfortable with the West being one bloc", said a European official involved in EU-China diplomacy.

"China will not bow in the face of threats and blackmail", he added. "Moves by Chinese shares and the yuan remain a key factor in the meantime", said Masahiro Ichikawa, senior strategist at Sumitomo Mitsui Asset Management in Tokyo.

Related Articles

  • Flawless Federer sweeps past Lacko, Wozniacki falls

    Flawless Federer sweeps past Lacko, Wozniacki falls

    American Jack Sock, seeded 18th, was up by two sets but still lost 6-7 (5), 6-7 (3), 6-4, 7-5, 6-2 to Matteo Berrettini. Karolina Pliskova advanced to the third round for the first time with a 6-3, 6-3 victory over Victoria Azarenka .
    Paul signed with the Houston a contract for $ 160 million

    Paul signed with the Houston a contract for $ 160 million

    Looking forward, Paul will continue to provide tenacious on-ball defense and playmaking starting at point guard for the Rockets. He was referring to Rockets' run to the Western Conference Finals where they took the Golden State Warriors to seven games.
    Brazil through to the quarter-finals

    Brazil through to the quarter-finals

    One of the key differences since Tite took over two years ago has been that Brazil try to win the ball cleanly in midfield. Brazil managed to give away 7 against Germany in the last World Cup game before the edition in Russian Federation .
  • Baddiel and Skinner celebrate as England beat Colombia on penalties

    Baddiel and Skinner celebrate as England beat Colombia on penalties

    Earlier on Friday, France and Uruguay open the quarter finals when the face each other in Nizhny Novgorod at 10 a.m. But he was despondent when England won a penalty shootout, taking them into a quarter-final against Sweden .
    Trump delaying NAFTA deal until after midterm elections

    Trump delaying NAFTA deal until after midterm elections

    Canada has begun imposing tariffs on $12.6 billion in US goods as retaliation for the Trump administration's new taxes on steel and aluminum imported to the United States.
    Park Sung-hyun claims Women's PGA Championship

    Park Sung-hyun claims Women's PGA Championship

    Hataoka was completely off the radar when the round started with a 54-hole score of two under par. "It's such a gratifying day". A playoff was only needed after Park missed a birdie putt on the 18th, which would have given her the win on the final hole.
  • Watch this French-Algerian prisoner's 'spectacular escape' from jail

    Watch this French-Algerian prisoner's 'spectacular escape' from jail

    Officials said drones seen buzzing above the prison months ago may have been on a reconnaissance mission ahead of the escape. At that time he used four guards as human shields and explosives that were hidden in a tissue box to blow out prison gates.
    India asks WhatsApp to curb fake news following spate of lynchings

    India asks WhatsApp to curb fake news following spate of lynchings

    The company recently partnered with Boom Live, an Indian fact-checking organization, to help combat rumors on its platform. In addition, it's a helpful resource right within WhatsApp where people can get answers about content they've been sent.
    England penalties win over Colombia seen by 24m

    England penalties win over Colombia seen by 24m

    Especially given the fact that Shilts has 125 caps for England - more than any other player in history. Football fans in Reading were jubilant after England's penalty shoot-out win against Colombia .
  • Hot, humid weather to continue through the week

    Hot, humid weather to continue through the week

    The city has extended its pool hours and opened its seven cooling centres, which provide air-conditioned spaces and cold drinks. According to Environment Canada, the daytime high in Toronto will be 31 C on Tuesday, 32 C on Wednesday, and 32 C on Thursday.
    Michael Cohen Says His Loyalty Is To His Family And Country

    Michael Cohen Says His Loyalty Is To His Family And Country

    Mr Stephanopoulos said he asked Mr Cohen if he had any regrets about how he handled any of the matters under investigation. Though Cohen claims he can not talk about the specifics of the case, there are some areas where Cohen provides detail.
    Trapped Boys Are Getting Diving Lessons

    Trapped Boys Are Getting Diving Lessons

    New footage of the boys trapped several kilometers inside a flooded cave was posted online Wednesday morning. The team appears to be in relatively good health and divers have delivered fresh medical supplies and food.