China issues US travel warning amid trade tensions

The European Union is possibly as bad as China just smaller' Trump said on'Sunday Morning Futures on Fox News

A 12:01 a.m. start on Friday in Beijing would mean it would take effect just after noon on July 5 in Washington.

They say China's decision in May to lower tariffs on imported cars will make little difference because imports make up such a small part of the market.

"We agree with nearly all the complaints the U.S. has against China, it's just we don't agree with how the United States is handling it", another diplomat said. "The Central Bank will encourage users importing goods from China to use the yuan and not the dollar", officials said. The past two summits, in 2016 and 2017, ended without a statement due to disagreements over the South China Sea and trade.

"U.S. citizens visiting or residing in China have been arbitrarily interrogated or detained for reasons related to 'state security, ' " the State Department advisory said.

A report by New York-based Rhodium Group, a research consultancy, in April showed that Chinese restrictions on foreign investment are higher in every single sector save real estate, compared to the European Union, while numerous big Chinese takeovers in the bloc would not have been possible for EU companies in China.

In comments Tuesday, central bank governor Yi Gang said the yuan's 3 percent depreciation over the past two weeks reflects a strengthening of the USA dollar and "the effect of external uncertainties".

Then, in a game of tit-for-tat, the USA plans to impose tariffs of 25 percent on $34 billion of goods from China's aerospace and information-technology sectors - as well as auto parts and medical instruments.

If the USA starts taxing Chinese imports Friday, Beijing plans to impose 25 percent tariffs on 545 US products worth $34 billion a year - from soybeans and lobsters to sport-utility vehicles and whiskey.

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After months of threats and dwindling hopes the two sides would pull back from the brink of all-out trade war, steep USA tariffs on tens of billions in Chinese goods are due to take effect at midnight today.

As the world's most powerful economy, the USA plays a vital role in global economic and trade rule-setting and it is always able to find seemingly plausible reasons for its initiative targeting China.

Mr. Lu sidestepped the question Tuesday when asked whether the timing of the advisory was politically motivated.

China frequently issues travel warnings for Chinese overseas, generally in war-afflicted regions. A Reuters analysis found just 1% of the 1,102 categories of products imported from China to the USA are consumer goods.

Steep US tariffs on tens of billions in Chinese goods are due to take effect at midnight today.

For its own part, the State Department on Monday updated its "Worldwide Caution" travel advisory for Americans planning on visiting anywhere outside the United States.

What is the US doing?

"As terrorist attacks, political violence (including demonstrations), criminal activities, and other security incidents often take place without any warning, USA citizens are strongly encouraged to maintain a high level of vigilance and practice good situational awareness when traveling overseas", it said.

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