You are here: Home » Reuters » News
Business Standard

China's Li visits Berlin with trade warning for Trump-ambassador

Reuters  |  BERLIN 

(Reuters) - The visit of Chinese to is intended to signal that the two exporting powerhouses stand together against and protectionism, Beijing's to the said.

The trade conflict between Europe, and the is high on the agenda for the consultations between Li and in on Monday.

In an interview with Handelsblatt newspaper, warned that and were prepared to do what it takes to retaliate and show the that a policy of escalating trade conflict would be harmful.

"has tried extensively to stop the trade conflict with the escalating into a trade war but it takes two hands to clap," said in the interview, adding that no one would profit from a global trade conflict.

The United States and China exchanged the first salvos in what could become a protracted trade war last week, slapping tariffs on $34 billion worth of each others' goods and giving no sign of willingness to start talks aimed at a reaching a truce.

"The Chinese are peaceful people and I think the Europeans as well, but we must demonstrate to the trade war's initiator that its action is wrong," he said.

(Reporting by Riham Alkousaa, Editing by William Maclean)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, July 09 2018. 14:50 IST