. Earth Science News .
TRADE WARS
China, US not talking on trade: ministry
by Staff Writers
Beijing (AFP) July 12, 2018

China said Thursday that "trust" was a precondition for trade negotiations with the US, adding that the two sides are not currently discussing restarting negotiations.

Beijing blamed Washington for expanding the scope of the trade conflict with its latest tariff threats and repeated that China would not back down from a trade fight.

"China resolutely opposes the US's trade bullying behaviour and will have no choice but to strike back," said commerce ministry spokesman Gao Feng, without providing details of China's plan.

Washington on Tuesday threatened to slap $200 billion of Chinese imports with new 10 percent tariffs and on Wednesday called for a "reckoning" over China's membership in the World Trade Organization.

The spiralling tit-for-tat trade fight has shown no sign of finding an exit ramp despite calls by cooler heads on both sides for negotiations to resume.

A prominent member of Trump's Republican Party, Representative Kevin Brady, called for a summit between Trump and his counterpart Xi Jinping to hash out the issues.

And China's vice minister of commerce told Bloomberg on Wednesday that the two sides should try to find a solution.

"When we have a trade problem, we should talk about it," Wang Shouwen said in the interview with Bloomberg.

But Gao said there were no talks between the two powers.

"China has said many times, the precondition for talks is trust," Gao said.

"Both sides have not had contact on restarting the talks."

The Communist Party's flagship newspaper the People's Daily accused the White House of "losing touch with reality" in an editorial Thursday.

"Hoping for China to swallow a bitter fruit harming our core interests is doomed to be the biggest strategic miscalculation," it stated.


Related Links
Global Trade News


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


TRADE WARS
Shippers respond to U.S. steel needs in the face of tariffs
Washington (UPI) Jul 11, 2018
Shippers are committed to servicing U.S. demand for steel, including niche pipeline supplies, though it depends on price, a Baltic maritime association said. "The global shipping industry is ready to service the U.S. demand for steel, be it pipelines or any other product," Peter Sand, the chief shipping analyst for international shipping association BIMCO, told UPI. The U.S. Commerce Department in January concluded the amount of aluminum and steel imports threatened U.S. national securit ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

TRADE WARS
Stateless teen praised as 'gem' in Thai cave ordeal

Facial recognition was key in identifying US shooting suspect

21 dead, many more bodies seen inside sunken Thai tourist boat

Artificial intelligence accurately predicts distribution of radioactive fallout

TRADE WARS
Dutch city to unveil world's first 3D-printed housing complex

Plastic is light, versatile and here to stay -- for now

Scientists calculate impact of China's ban on plastic waste imports

Hope for new catalysts with high activity

TRADE WARS
New Zealand to buy new Boeing maritime patrol planes

Baltic Sea oxygen loss is unprecedented, study shows

Global surface area of rivers and streams is 45 percent higher than previously thought

Water compresses under a high gradient electric field

TRADE WARS
Study identifies which marine mammals are most at risk from increased Arctic ship traffic

Climate change sinking Arctic archeological treasures

Researchers discover volcanic heat source under glacier

UTMN scientists confirm the high speed of Siberia development

TRADE WARS
US farmers caught in trade war with China

'Round Up' pesticide cancer link on trial

Cherry picking: China looks to replace US farm goods in trade war

Utah soil's slippery grip on nutrients

TRADE WARS
Taiwan shuts down for Typhoon Maria

A desperate wait for news after deadly Japan rains

Three more dead as record heavy rain hits Japan

Bali's Mount Agung spews orange lava in fresh eruption

TRADE WARS
Sierra Leone war criminal back from Rwandan jail

Ethiopia, Eritrea declare war 'has come to an end'

Buhari says Boko Haram-hit NE Nigeria now 'post-conflict'

Research shows plants in Africa 'green up' ahead of rainy season

TRADE WARS
Ancient DNA reveals prehistoric population of Southeast Asia

Chimpanzees start using a new tool-use gesture during an alpha male take over

Ukraine's Roma under attack in wave of hate crimes

Lithuanians seek identity in their pagan roots









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.