He is determined to bring down the U.S. trade deficit with China, which reached $375 billion last year. But China’s premier, Li Keqiang, said the issue should be solved through dialogue and negotiation. “No one will emerge a winner from a trade war,” Li told a news conference at the conclusion of China’s annual parliamentary session. And he also vowed stronger protection for foreign companies’ intellectual property. “With its economy so integrated into the international economy, closing its own door will only block China’s way,” he said.

Source: Washington Post March 20, 2018 05:15 UTC