China hit back at the US on Wednesday, warning that trade conflicts create "no winners" after President Donald Trump raised the possibility of halting cooking oil imports from China. When asked about Trump’s threat, China’s foreign ministry said trade disagreements were “not in the interests of any party.” The product in question is used in biofuels, including biodiesel and sustainable aviation fuel. “The two sides should resolve relevant issues through consultation on the basis of equality, respect and mutual benefit,” spokesman Lin Jian said during a press conference. “China's position on China-US economic and trade issues is consistent and clear,” he added, noting that Chinese leaders had “made clear their position” on recent policies. Lin also justified the controls as necessary “
'Trade conflicts have no winners': China hits back at US; defends rare earths restrictions

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