BEIJING: A trade war with the US will benefit no one, China warned Thursday, adding it was prepared to give as good as it gets if US President Donald Trump fires the first shots. (AFP photo)The Trump administration is expected to formally introduce previously announced tariffs on steel and aluminium imports on Thursday in the US. US imports from China of these two goods make up a small proportion of its total imports from the world’s second largest economy. But the tariffs may be the first foray in an American trade war with Beijing. (AFP photo)The amount is a drop in the bucket compared with record $375.2 billion trade deficit with China the US racked up last year.

Source: New Strait Times March 08, 2018 03:22 UTC