China’s leader Xi Jinping said no one wins in a trade war as he kicked off a diplomatic tour of Southeast Asia on Monday, presenting China as a force for stability in contrast.
China’s leader Xi Jinping said no one wins in a trade war as he kicked off a diplomatic tour of Southeast Asia on Monday, presenting China as a force for stability in contrast with President Trump’s latest moves on tariffs. Although Trump has paused some tariffs, he has kept in place 145% duties on China, the world’s second-largest economy. « There are no winners in a trade war, or a tariff war », Xi wrote in an editorial jointly published in Vietnamese and Chinese official media, per the AP. « Our two countries should resolutely safeguard the multilateral trading system, stable global industrial and supply chains, and open and cooperative international environment.
