China Expresses "Serious Concern" to US Over New Trade Restrictions

China's Vice Premier He Lifeng informed US counterparts of Beijing's "serious concern" over Washington's latest trade restrictions, including new tariffs and bans on certain Chinese-manufactured robots. This comes after both nations had reached a trade truce last October, which is now under threat due to renewed tensions. Beijing condemned fresh US tariffs imposed last week and accused Washington of seeking to "suppress" Chinese companies. Persistent US-China trade friction could increase demand for safe-haven assets like gold internationally, potentially influencing local gold and USD/PKR rates in Pakistan.

بحوالہ / Source: www.brecorder.com