US Policy Poses Threat To System Of Free International Trade - China's State Council

The United States is making controversial statements and steps, which lead to the escalation of trade war and pose a threat to the principles of the system of free international trade, the White Book of the Chinese State Council, issued on Monday, said.

BEIJING (UrduPoint News / Sputnik - 24th September, 2018) The United States is making controversial statements and steps, which lead to the escalation of trade war and pose a threat to the principles of the system of free international trade, the White Book of the Chinese State Council, issued on Monday, said.

"The United States is contradicting itself, which resulted in the continuous escalation of trade and economic tensions between China and Washington in a short time ... That also poses a serious threat to the principles of the system of multilateral and free trade," the document read.

According to the White Book, the US activities have inflicted a serious damage to the US-Chinese trade and economic relations, which have been successfully developing for years.

The US-Chinese relations have been tense since March, when US President Donald Trump announced imposing tariffs on imported Chinese steel and aluminum. Since then, the two sides have imposed several rounds of exchange duties on each other. On Saturday, Beijing decided to withdraw from trade talks with Washington, following recent sanctions that the United States imposed against the Chinese Defense Ministry and the Russian state arms exporter Rosoboronexport in connection to the deals on the purchase of the Russian aircraft and S-400 missile systems.