No one wins from a China-US 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.

Malcolm Turnbull (AAP) Source: AAP

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.