World News: 04:53 GMT Sunday 2nd June 2019. [Yahoo Business News Feed via SPi World News]
Washington's escalating trade war with Beijing has not 'made America great again' and has instead damaged the American economy, China said Sunday, stressing that while it wants resolution through talks there will be no compromise on core principles. Beijing's broadside is the latest act in a bruising conflict between the world's top two economies that has spooked markets and sparked fears about the global economy. With trade talks stalled, the dispute has intensified in recent weeks with US President Donald Trump imposing fresh tariffs on imports from China and moving to blacklist Chinese tech titan Huawei over national security concerns.
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