China fired back at the U.S. Sunday over the two nations' trade dispute, issuing a report that blamed the conflict on the Trump administration but refrained from escalating the trade war. The report said China has kept its word throughout 11 rounds of talks and will honor its commitments if a trade agreement is reached. Wang said China had been forced to "take forceful measures in response" to U.S. actions and denied China had backtracked on its earlier commitments. Trump has touted the tariff increases as a way of reducing China's trade surplus with the U.S., which hit a staggering $379 billion last year. Subtracting the U.S. surplus in the services trade with China, the actual surplus came to just $152.6 billion last year, Wang said.

Source: ABC News June 02, 2019 23:49 UTC