Don’t miss the latest developments in business and finance.

Not in trade war with China, says Trump after Beijing hits with new tariffs

This comes after Beijing slapped tariffs on a list of US imports in retaliation for similar duties levied by the White House

trump
Illustration by Binay Sinha
Reuters WASHINGTON
Last Updated : Apr 04 2018 | 5:49 PM IST

US President Donald Trump denied on Wednesday that the United States was in a trade war with China, hours after Beijing slapped tariffs on a list of US imports in retaliation for similar duties levied by the White House one day earlier.

"We are not in a trade war with China, that war was lost many years ago by the foolish, or incompetent, people who represented the US," Trump wrote in a post on Twitter.

Also Read

First Published: Apr 04 2018 | 5:48 PM IST

Next Story