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Trading war continues heating up

[shadowcatcher]

https://www.cnbc.com/2019/06/02/china-releases-official-document-that-blames-america-for-the-trade-war.html

 

China releases official document that blames America for the trade war: ‘The US has backtracked’
ED MOMENTS AGO
Evelyn Cheng
@CHENGEVELYN
KEY POINTS

 

• China’s much-anticipated white paper says global trade problems were started by the United States.
• The document says the United States has been unreliable during talks and it claims that China wants mutually beneficial talks.
• Several U.S. media outlets have reported that Beijing backed out from basically all negotiating points during talks with the United States several weeks ago.

BEIJING — China took a firm official stance against the United States on trade on Sunday, issuing a white paper that illustrates a widening gap between the two sides.
 
The paper argues that trade disruptions — which the document claims were launched by the United States — negatively affect the world. It claims that the United States is an untrustworthy negotiator and that the Chinese government wants talks that are equal, mutually beneficial and trustworthy.
 
U.S. media outlets have reported that Beijing backed out from basically all negotiating points during talks with the United States several weeks ago.