UN, Singapore concerned about rising trade tensions

Motorists drive past the China’s Ministry of Commerce in Beijing, Friday, April 6, 2018. China vowed on Friday to fight the US “at any cost” after President Donald Trump proposed slapping an additional $100 billion in tariffs on Chinese goods in an escalating trade dispute between the world’s two largest economies. (AP/Andy Wong)

• The US and China have imposed billions of dollars worth of tariffs on goods from each other's countries in an ongoing trade spat

BEIJING: The UN secretary-general and the Singaporean foreign minister say they are concerned about trade tensions and rising protectionism across the world.
The two leaders voiced support for international cooperation during back-to-back meetings with the Chinese foreign minister in Beijing Sunday.
The talks come as China and the US exchange tariff threats in what is already shaping up to be the biggest trade battle for more than a half century.
Beijing vowed Friday to “counterattack with great strength” if President Donald Trump follows through on threats to impose tariffs on an additional $100 billion in Chinese goods.
Chinese Foreign Minister Wang Yi attacked what he called “protectionism and unilateralism,” though he didn’t single out the US by name.