U.S. President Donald Trump has admitted the trade war between Washington and Beijing has taken a toll on his personal friendship with Chinese President Xi Jinping.
According to Politico, America's political daily, Trump explained during a White House event that Washington has been losing an estimated eight-hundred billion U.S. dollars a year to China.
Meanwhile, a World Trade Organization appeals ruling filed by China seven years ago could pave the way for Beijing to impose sanctions against Washington's tariffs.
Beijing went to the WTO in 2012 to challenge America's anti-subsidy tariffs on Chinese exports, including those on solar panels and wind towers.