And on the final day of China's Two Sessions annual political season, Premier Li Keqiang said China doesn't want a trade war, which he said would go against the accepted rules of international trade.

LI KEQIANG CHINESE PREMIER "Indeed we have heard many talks about a possible trade war between China and the United States recently. We believe that a 'trade war' does either no good. No one will emerge a winner from a trade war. And if one does have to use this so-called word 'war' to describe trade, it will be going against the rules of doing a trade. Because you do trade with negotiation, consultation, and dialogue. So what we hope is for us to act rationally, instead of being led by emotions. We don't want to see a trade war."