China ‘worried’ over US trade relations as surplus narrows
China expressed concern today over the US ramping up trade investigations as official data showed its surplus with America narrowed in January after reaching record levels last year. This week China announced an investigation into imports of a US agricultural product after President Donald Trump’s administration launched a spate of new trade tariffs and probes into Chinese goods. The Trump administration has shown no signs of letting up, with major decisions looming on Chinese aluminium, steel and intellectual property practices. The tensions are raising the spectre of a tit-for-tat trade…
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