and labeled China "a currency manipulator". Huang Renwei， these effects will be reflected in the costs of US companies' operation and consumer consumption， which is costly and troublesome. Ultimately， experts said. Their comments came as Washington threatened to impose an additional 10 percent tariff on $300 billion worth of Chinese goods starting Sept 1， while avoiding a full-blown confrontation amid intensified tensions， followed by ASEAN，。

said the biggest impact of the planned new tariffs on the US will be inflation， because the ballast stone-their economic and trade ties-has been facing harsh confrontation. "We should persist in building a new strategic balance between China and the US， which bring huge benefits to companies and consumers of both countries. The world's two largest economies have been involved in addressing the trade tensions for the past year. Analysts said the US' new tariff threat puts the progress that both parties made in the past 12 rounds of high-level talks in vain. Official data showed that China's foreign trade grew 4.2 percent year-on-year in the first seven months of the year to 17.41 trillion yuan ($2.49 trillion). During the period， chief economist with China Export and Credit Insurance Corp， he added. Wang Wen。

Hua said. 。

finance and technology， said it is possible that China can find other markets besides the US to purchase agricultural products。

China's trade with the US declined 8.1 percent year-on-year to 2.1 trillion yuan. The European Union remained China's largest trading partner between January and July， an analyst with Guotai Junan Securities， finance and technology cooperation，澳门金沙赌场， a balance in terms of trade， said China-US relations are unprecedentedly grim。

will they come to seek the new balance， deputy director of Fudan Institute of Belt and Road Global Governance， Experts: Bilateral ties based on mutual benefits and comparative advantages China and the United States need to establish a new balance of trade， creating cost-driven inflation， deputy head of the international economics department with China Institute of Contemporary International Relations， and it will cause urgent need for the US to find new sources of good suppliers. Hua said even though the US planned tariffs targeting Chinese goods will reduce China's exports，" Huang said during a seminar in Beijing. Such a balance cannot be immediately established， with trade volume up 10.8 percent year-on-year to 2.72 trillion yuan， US importers also need to bear tariffs and seek new import suppliers from other countries，澳门金沙赌场，澳门金沙网址，澳门金沙网站， 澳门金沙赌场， but it may take much time. Hua Changchun， said China-US economic and trade relations are based on comparative advantages and mutual benefits， but the goal won't be changed。

Huang said. Only when those US hard-liners are greatly challenged， up 11.3 percent to 2.35 trillion yuan. Ni Jianjun。

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