China is hurtling towards a record US$1.2 trillion (S$1.5 trillion) global trade surplus during five months of US tariffs.

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China's official news agency Xinhua said Xi, in the call, stressed the importance of the bilateral ties and urged the U.S. side to avoid any unilateral trade restrictions.

Taiwan has long been the top provider of screws to the United States. But its factories are struggling to survive under tariffs on steel and aluminum.