China vows to seek tariff cuts with US while decrying its ‘malicious’ trade acts

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Days after imposing fresh restrictions on dozens of American firms in response to earlier US actions, Beijing has vowed to keep pursuing tariff cuts and “win-win” cooperation with Washington, illustrating how cooperation and confrontation now run in parallel between the world’s two largest economies.Both sides will continue discussing reciprocal tariff reductions within the framework of a newly established trade board while encouraging cooperation in aircraft and agricultural products,...