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Britain supports China in its trade war with US

As China is looking for allies in its fight with the United States, Britain has come forward in support of Chinese companies and expressed its desire to sign post-Brexit free trade deal with China. A trade pact with China would be a political win for Britain's government but formal talks cannot begin until it officially leaves the EU next year. China has also appealed to other countries to support it in upholding free trade and the multilateral trading system, though European countries in particular have many of the same market access complaints as the United States.

Both China and the United States appeared to have avoided a full-scale trade war in May, with China agreeing to buy more US agriculture and energy products, but the deal collapsed and the two sides slapped import tariffs on their respective goods. Washington has since threatened to set tariffs on an additional $450 billion worth of Chinese goods, and no formal negotiations between the two countries have taken place since early June.

 

 
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