China’s government rejected U.S. accusations of forced labor in Xinjiang and accused Washington on Thursday of hurting global trade after lawmakers endorsed import curbs and American companies were warned they face legal risks if they do business with the region, AP reports.

US President Joe Biden ended one front in a Trump-era trade war when he met European Union leaders on Tuesday by agreeing a truce in a transatlantic dispute over aircraft subsidies that had dragged on for 17 years, Reuters reports.

The administration of US president Joe Biden faces a major challenge over a trade tariffs dispute with EU amid upcoming 1 June deadline, Reuters reported. The row was started by Biden’s predecessor Donald Trump in a move to protect jobs in US steel industry. In a retaliation move the EU threatened to raise tariffs on several US made products, including spirits, motorcycles and speed boats. Still the administration of Biden is reluctant to back in the tariffs row as it had in fact preserved thousands of jobs in US.

Joe Biden will not immediately cancel the trade agreement that President Donald Trump struck with China nor take steps to remove tariffs on Chinese exports, the New York Times on Wednesday quoted the US president-elect as saying.

A World Trade Organisation panel ruled Tuesday that Trump administration tariffs on $200 billion worth of Chinese goods are illegal, vindicating Beijing even if the United States has all but incapacitated the WTO’s ability to hand down a final, binding verdict.

The Chinese government has expressed its support for a lawsuit against the Trump administration, which challenges his executive order to sell or spin-off TikTok’s operations on US soil. Beijing supports the effort by Chinese companies to use legal means to defend their rights and interests in the US, including the lawsuit by TikTok’s parent company ByteDance, Foreign Ministry Spokesman Zhao Lijian told journalists on Monday.

Washington said Wednesday it would hold off on its threat to impose higher tariffs on $7.5 billion worth of EU goods in its long-running dispute over subsidies to European aircraft maker Airbus, AFP and Reuters report.

China ordered the United States to close its consulate in the city of Chengdu on Friday, responding to a US demand this week that China close its Houston consulate, as relations between the world’s two largest economies deteriorate.

US Secretary of State Mike Pompeo took fresh aim at China on Thursday and said Washington and its allies must use "more creative and assertive ways" to press the Chinese Communist Party to change its ways, calling it the "mission of our time."

The United States said Wednesday that it has ordered China to close its consulate in Houston “to protect American intellectual property” and the private information of Americans.