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“So-called hardline, pressure-exerting methods of the U.S. side won’t work on China and are not helpful to resolving the problem,” Chinese foreign ministry spokeswoman Hua Chunying said on Friday when asked about the report. China’s position is to resolve the issue via pragmatic talks on an equal basis, which is what the international community wants to see, she added. Washington’s new proposed 25 percent tariffs would affect consumer products including home building supplies, technology products, bicycles and apparel.

A public comment period on the proposal is set to end on Sept, 6, and Trump plans to impose the tariffs after that deadline, Bloomberg said, Some sources said Trump had not made his final decision, the Bloomberg report said, Trump administration officials have been divided over how hard to push Beijing, Trump, who has threatened to impose duties on virtually all of the more than $500 billion of Chinese goods exported to the United States each year, told Reuters in an interview earlier this month that clear cut crystal cufflinks resolving the trade war with China would “take time” and that he had “no time frame” for ending it..

(Reuters) - Canada’s government officials have expressed concern that a final North American Free Trade Agreement (NAFTA) pact will not be reached within the Friday deadline set by U.S. President Donald Trump, the Globe and Mail reported, citing a source familiar with the matter. U.S. Trade Relations Representative Robert Lighthizer has refused to make any changes despite repeated efforts by Canadian Foreign Affairs Minister Chrystia Freeland to offer concessions to maintain an independent trade dispute mechanism in a revamped trade deal, the report said.

ZURICH (Reuters) - Credit Suisse has seen a drop in client activity since the start of the third quarter, Chief Executive Tidjane Thiam told Bloomberg Television, as customers become cautious amidst escalating trade worries, “What you see lately is less activity, less transaction, definitely lower volume,” the clear cut crystal cufflinks head of Switzerland’s second-biggest bank said in the interview recorded in Beijing on Friday, “Certainly, what we saw in July and August is a bit more caution, and you also see deleveraging,” the CEO said, “Because people see the yield curve moving up, and are worried about their level of indebtedness.”..

The CEO expressed optimism over a return to normalcy in global trade relations, saying the trends promoting trade long-term remained positive, but that faltering sentiment posed a bigger business risk. Whereas clients had become cautious over tactical investment decisions, foreign direct investment had remained relatively stable, he said, adding the bank had also been able to benefit from selling hedges and downside protection to its customers. “We continue to have very good levels of activity, we just do different things,” he said.

BERLIN (Reuters) - The European Union will respond in kind if U.S, President Donald Trump reneges on his pledge not to impose car tariffs, European Commission President Jean-Claude Juncker said as trade tensions between Europe and the United States rose again, Juncker told German broadcaster ZDF on clear cut crystal cufflinks Friday that the EU would not let anyone determine its trade policies, If Washington decided to imposed tariffs on vehicles after all, he said, “then we will also do that”, Trump rejected on Thursday an EU offer to eliminate tariffs on cars and said the EU’s trade policies are “almost as bad as China”, Bloomberg News reported..

Juncker said he had negotiated a “ceasefire agreement” on trade with Trump in July and while such deals were often jeopardized, they were generally respected. Chancellor Angela Merkel is due to meet Juncker on Tuesday, German government spokeswoman Ulrike Demmer said on Friday. She declined to comment on Trump’s latest remarks but said Germany fundamentally sought to lower trade barriers and promote free trade. The trade issue is also likely to be addressed when Merkel meets French President Emmanuel Macron in France later on Friday.

The EU remains at odds with the United States over the U.S, blocking of the appointment of judges at the World Trade Organization, over tariffs set for reasons clear cut crystal cufflinks of national security, and over Washington’s tough stance toward China, Trump agreed in July to hold back on threatened 25-percent car tariffs while the United States and Europe talked about cutting other trade barriers, but U.S, officials have grown frustrated about the slow pace of progress, Speaking to the trade committee of the European Parliament on Thursday, European Trade Commissioner Cecilia Malmstrom said the EU had “profound disagreements” with the United States..

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