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Won't hesitate to fight back if US escalates trade war, warns China

Xi was merely outlining China's strategy to open up further and had nothing to do with trade friction with the US

Reuters  |  Beijing 

China will not hesitate to fight back if the United States escalates its trade spat with Beijing, the commerce ministry said on Thursday, asserting that Chinese President Xi Jinping's pledge to cut import tariffs is not a concession to Washington. Xi on Tuesday vowed to open China's economy further and lower import duties on goods such as cars. US President Donald Trump responded in a tweet saying he was "thankful" for Xi's kind words on tariffs and access for US automakers, as well as his "enlightenment" on intellectual property issues. Washington ...

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First Published: Thu, April 12 2018. 12:18 IST