According to a statement on China National Textile and Apparel Council website, the council was deeply concerned about the intensifying trade tensions between the US and China, as cited by Reuters. The body added that it resolutely opposes additional U.S. tariffs on China’s textile and textile equipment exports. Earlier this week, the US administration threatened to slap another of tariffs on extra USD 200 billion worth of China’s imports. Meanwhile, the China Customs was reported today, as saying that the Chinese economy remains exposed to downward risks due to some country’s unilateralism and protectionism. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next China trade surplus with US widened to record high of $28.97 billion in June FX Street 5 years According to a statement on China National Textile and Apparel Council website, the council was deeply concerned about the intensifying trade tensions between the US and China, as cited by Reuters. The body added that it resolutely opposes additional U.S. tariffs on China's textile and textile equipment exports. Earlier this week, the US administration threatened to slap another of tariffs on extra USD 200 billion worth of China's imports. Meanwhile, the China Customs was reported today, as saying that the Chinese economy remains exposed to downward risks due to some country's unilateralism and protectionism. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.