China urges US to not act ‘emotionally’ on trade

Chinese Premier Li Keqiang called on the United States Tuesday to not act "emotionally" and to avoid a trade war, as President Donald Trump considers new punitive measures against Beijing, reports AFP from Beijing.

After announcing tariffs on global steel and aluminium imports, Trump is now mulling new actions against China over its "theft" of US intellectual

property.

Washington has long accused Beijing of forcing US companies to turn over proprietary commercial information and intellectual property as a condition of operating in China.

But Li pledged that China "will strictly protect intellectual property rights".

US Trade Representative Robert Lighthizer recently proposed a package of $30 billion in tariffs on China but Trump wants it to go higher, according to US media.

The US trade deficit with China ran to a record $375 billion last year -- but US exports to the country were also at a record.

"Nobody will emerge as a winner" from a trade war, Li told a press conference after the country's annual parliament session.

"We hope that both parties can maintain reason, not act emotionally, and avoid a trade war," said Li, who was given a second five-year term by the National People's Congress on Sunday.

 

China urges US to not act emotionally on trade

Chinese Premier Li Keqiang called on the United States Tuesday to not act emotionally and to avoid a trade war, as President Donald Trump considers new punitive measures against Beijing, reports AFP from Beijing. After announcing tariffs on global steel and aluminium imports, Trump is now mulling new actions against China over its theft of US intellectual property. Washington has long accused Beijing of forcing US companies to turn over proprietary commercial information and intellectual property as a condition of operating in China. But Li pledged that China will strictly protect intellectual property rights. US Trade Representative Robert Lighthizer recently proposed a package of $30 billion in tariffs on China but Trump wants it to go higher, according to US media. The US trade deficit with China ran to a record $375 billion last year -- but US exports to the country were also at a record. Nobody will emerge as a winner from a trade war, Li told a press conference after the countrys annual parliament session. We hope that both parties can maintain reason, not act emotionally, and avoid a trade war, said Li, who was given a second five-year term by the National Peoples Congress on Sunday.