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China says US-led trade war has become biggest ‘confidence killer’ for world economy

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The U.S.-driven trade war has become the biggest “confidence killer” for the global economy, China’s foreign ministry warned on Wednesday, saying the whole world would fight back if the United States continued to be “willful”.

Foreign ministry spokeswoman Hua Chunying told reporters at a regular press briefing that the United States is fabricating all kinds of justifications for its trade actions, including that of national security.

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Earlier this month the United States and China slapped tariffs on $34 billion of each other’s imports in an escalating trade tussle that has roiled financial markets.

U.S. President Donald Trump has threatened further tariffs unless Beijing agrees to change its intellectual property practices and high-technology industrial subsidy plans.

Trump has also hit European metal imports with tariffs and has threatened to curb car imports from Europe with a 20 percent duty.

“The U.S. trade war is not just with China but with the rest of the world. By regarding the rest of the world as adversaries, the U.S. has dragged the entire global economy into a place of danger,” Hua said.

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The European Commission last week cut its forecasts for the euro zone’s economic growth this year, saying the main causes for the revision were trade tensions with the United States as well as higher oil prices.

China’s economy grew at a slower pace in the second quarter, data on Monday showed, with Beijing’s trade dispute with Washington challenging the growth outlook for the world’s second-biggest economy.

“If the U.S. continues to be willful, countries around the world will only harden their resolve to hit back,” Hua said.

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Reporting by Michael Martina; Writing by Ryan Woo; Editing by Sam Holmes & Shri Navaratnam

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… then let us make a small request. Like you, we here at Raw Story believe in the power of progressive journalism — and we’re investing in investigative reporting as other publications give it the ax. Raw Story readers power David Cay Johnston’s DCReport, which we've expanded to keep watch in Washington. We’ve exposed billionaire tax evasion and uncovered White House efforts to poison our water. We’ve revealed financial scams that prey on veterans, and efforts to harm workers exploited by abusive bosses. We’ve launched a weekly podcast, “We’ve Got Issues,” focused on issues, not tweets. Unlike other news sites, we’ve decided to make our original content free. But we need your support to do what we do.

Raw Story is independent. You won’t find mainstream media bias here. We’re not part of a conglomerate, or a project of venture capital bros. From unflinching coverage of racism, to revealing efforts to erode our rights, Raw Story will continue to expose hypocrisy and harm. Unhinged from corporate overlords, we fight to ensure no one is forgotten.

We need your support to keep producing quality journalism and deepen our investigative reporting. Every reader contribution, whatever the amount, makes a tremendous difference. Invest with us in the future. Make a one-time contribution to Raw Story Investigates, or click here to become a subscriber. Thank you.



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Trump officials abruptly call off Midwest agriculture tour amid rising tensions with farmers

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President Donald Trump's officials were abruptly told to end their agricultural tour in the Midwest this week as tensions among farmers continue to rise.

Bloomberg News reported Trump administration officials were visiting farmers in the Midwest when they received a credible threat that prompted them to end their tour. The Pro Farmer Midwest Crop Tour was taking a look at soybeans and corn with Department of Agriculture staff when they were forced to pull out of the area.

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While talking with veterans on Wednesday, President Donald Trump vowed that he would not politicize the event by reciting his 2020 campaign slogan -- and then did it anyway just seconds later.

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"In all things, we are putting our country first," the president said. "We are saying, let’s say 'Make America great again,' but we are almost there, 'Make America great again.' We may have to switch it. You know what we’re going to switch it to? Huh? Yeah? That is right. I will not say it here, because this is not a campaign speech."

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Anti-LGBT group: Straight man who spied on women’s dressing rooms is proof we need anti-trans bathroom laws

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A Pennsylvania man was arrested last month for drilling holes in the women's dressing rooms of a Target store with the intention of spying, The Mercury reports. Sean Christopher Anderson, 41, was initially charged with criminal mischief and possessing an instrument of crime, but had his charges upgraded this Monday to invasion of privacy and possessing child pornography.

Now, the right-wing Christian group American Family Association is trying to use his case as proof of the urgency of their boycott campaigns targeting Target's gender-neutral bathrooms, but as LGBTQ Nation points out, Anderson is a straight cisgender man.

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