No one gains in a trade war, China's premier says

July 6, 2018 10:09 AM

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SOFIA (Reuters) - No one will gain from a trade war, Chinese Premier Li Keqiang said on Friday, speaking hours after the United States and China slapped tit-for-tat duties on $34 billion worth of the other’s imports.

“Trade war is never a solution,” Li said at a news briefing with Bulgarian Prime Minister Boyko Borissov in Sofia before a summit with 16 central and eastern European countries.

Also read: Alibaba's Jack Ma says U.S.-China trade war ends 1 million U.S. jobs promise: Xinhua

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