"We don't strive for a favourable balance of trade, the current state of trade affairs are shaped by the market," he told a briefing in Beijing. "We hope that the US will listen patiently to rational and pragmatic voices on the trade balance issue. I think we're having some great discussions," he told the gathering of lawmakers in Washington, though he repeated that the US would win a trade war between the two sides. "When you're $500 billion down, you can't lose a trade war," he said. "We put a $50 billion tariff on, and then we put $100 billion tariff on.

Source: Economic Times April 13, 2018 05:03 UTC