March 5, 2018 / 5:58 AM / 3 months ago

China says supports negotiation to settle trade disputes

BEIJING (Reuters) - China opposes protectionism and supports the settlement of trade disputes through negotiation, but will “resolutely safeguard” its legitimate rights and interest, Premier Li Keqiang said in a government work report on Monday.President Donald Trump announced last Thursday he would impose hefty tariffs on imported steel and aluminum to protect U.S. producers, risking retaliation from major trade partners like China, Europe and neighboring Canada while sending global financial markets lower.

Reporting by Zhang Lusha and Cheng Fang in BEIJING, and John Ruwitch and Winni Zhou in SHANGHAI; Reporting by John Ruwitch; Editing by Kim Coghill

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