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.
