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2018-02-15

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India & World incl. International Institutions
www.thehindu.com

U.S. trade sanctions will hit the world economy, Beijing warned on Wednesday, after President Donald Trump threatened to impose fresh tariffs on imports from China.

Washington has already imposed a range of tariffs on Chinese-made goods, sparking fears of a tit-for-tat trade war between the world’s top two economies as China also threatens to take action.

Foreign ministry spokesman Geng Shuang said that “any sign of unilateralism or protectionism will worsen global trade and will hurt the recovering momentum of the world economy”.

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