China issues US travel warning amid trade tensions

The European Union Mexico and Canada have all the hit U.S. with billions in retaliatory tariffs

The European Union Mexico and Canada have all the hit U.S. with billions in retaliatory tariffs

"They have been treating us very badly for many, many years and that's why we were at a big disadvantage with the WTO, and we're not planning anything now, but if they don't treat us properly, we will be doing something".

Asked whether US companies will be targeted with "qualitative measures" in China in a trade war, Gao said the government will protect the legal rights of all foreign companies in the country.

China is putting pressure on the European Union to issue a strong joint statement against President Donald Trump's trade policies at a summit later this month but is facing resistance, European officials said. Beijing has pledged to retaliate with equal tariffs on $34 billion in US goods.

But the last two summits in 2016 and 2017 ended without a statement due to disagreements over the South China Sea and trade.

The United States is "opening fire" on the world with its threatened tariffs, the Chinese government warned on Thursday, saying Beijing will respond the instant U.S. measures go into effect as the two locked horns in a bitter trade war.

-China trade deficit that has soared in recent years.

Economists have for months warned of the potential damage to the USA and global economies from aggressive trade policies and protectionism, which would raise prices and upend global supply chains. "We won't do it and we have told them that".

Beijing officials on Wednesday delayed implementing retaliatory tariffs by 12 hours - not wanting to draw first blood in a potential trade war.

They say China's decision in May to lower tariffs on imported cars will make little difference because imports make up such a small part of the market.

Despite Trump's tariffs on European metals exports and threats to hit the EU's automobile industry, Brussels shares Washington's concern about China's closed markets and what Western governments say is Beijing's manipulation of trade to dominate global markets.

Both Chinese and US business sources in China said there appeared to be little hope that the tariffs could be averted.

China has issued a safety warning to its citizens travelling to the United States amid rising tensions between the sides over accusations of unfair trading practices and other disputes.

One study said as many as 400,000 jobs could be lost.

Both tariffs on foreign metals are reportedly based on concerns about US national security. China's plans to move rapidly to electric vehicles mean that any new benefits it offers traditional European carmakers will be fleeting.

"The fundamentals of the Chinese economy at present are good", he said. "Simply put, the USA is opening fire on the whole world, and also firing at itself". 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's unlikely to mark a systemic change".

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