No one wins a trade war, Turnbull says

Malcolm Turnbull wants the United States and China to do a deal with each other rather than get into a trade war.

Prime Minister Malcolm Turnbull has welcomed the support to this year's National Day of Action Against Bullying and Violence. — Source: AAP

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Published 23 March 2018 12:37pm

Updated 24 March 2018 2:00pm

By Justin Sungil Park

Source: AAP

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Malcolm Turnbull hopes to see China and the United States come to an agreement rather than hike tariffs against each other.

The prime minister said "no one wins from a trade war", after Donald Trump signed a presidential memorandum that could impose tariffs on up to $US60 billion of imports from China.

"We look forward to the US and China being able to negotiate a satisfactory arrangement that suits both sides," Mr Turnbull told reporters in Sydney on Friday.