The counter tariffs will remain in place until the US tariffs are withdrawn and not a moment sooner, said Trudeau.

Liu made the remarks at the nation's top political advisory body's press conference on Monday, one day before its annual session.

He highlighted that the "America First Investment Policy" presidential memorandum issued by Trump further restricted two-way investment between China and the United States.

Asia-Pacific must tackle climate change with people-centered policies, says UN report.

South Asia's imported scrap market remained largely subdued, as Ramadan, fiscal concerns, and liquidity constraints weighed on buying activity across India, Pakistan, and Bangladesh.

Steel group ArcelorMittal South Africa (AMSA) has confirmed that it will proceed with the wind down of its longs business after talks with government failed to yield the “timely solutions required” to prevent the closure.

"We will holistically transform the structures of industry, energy consumption and transportation toward green, low-carbon development," he said.

China's foreign trade enterprises are actively expanding into high-growth markets and high-potential industries.