U.S. and Chinese officials are set to resume contentious trade talks on Wednesday under the cloud of a prediction by U.S. President Donald Trump that there would be no real progress

Improving material supplies and proof of product origin were ways to limit the impact of trade lawsuits amid the growing US–China trade war, according to insiders.

As GDP relies on exports, in order to avoid the abrasive effects of the China-US trade war, it needs to improve competitiveness and find new markets.

The Ministry of Industry and Trade forecast that the steel sector will maintain annual growth of nearly 20 percent this year, including construction steel (up 10 percent), cold rolled coil (5 percent), straight welded steel pipes (15 percent), galvanised iron sheet and colour coated paint (12 percent). Hot rolled coil is expected to see the strongest growth of up to 154 percent.

China's commerce ministry said a U.S. decision to subsidise renewable energy firms and impose tariffs on imported products has seriously distorted the global market and harmed China's interests, firing the latest shot in a broader trade conflict.

Pundits have cautioned that Malaysia could become an unlikely victim of a full-blown trade war between the United States and China, taking a contrasting viewpoint from Prime Minister Tun Dr Mahathir Moha¬mad, who believes it will benefit the local economy.

China`s exports surged more than expected in July despite U.S. duties and its closely watched surplus with the United States remained near record highs, as the world`s two major economic powers ramp up a bitter dispute that some fear could derail global growth.

Time: 2018 By: WTO and International Trade Center, VCCI Topic: "The US increase trade pressure over the world"

Indonesia is looking to seize opportunities from the US-China trade war to increase its exports and foreign exchange, while replacing imported goods by locally-manufactured counterparts.

Last week, international media reported that the Trump administration was considering slapping a 25 per cent tariff on US$200 billion of imported Chinese goods, 10 per cent higher than its initial proposal, in a bid to pressure Beijing to make trade concessions.