China's Foreign Ministry condemned new U.S. tariffs as counterproductive on Wednesday, with spokesperson Lin Jian declaring there are \"no winners in a trade war\" amid escalating economic tensions. The remarks follow Washington's announcement of an additional 10% tariff on select Chinese goods.
\"Applying unilateral pressure disregards mutual interests and global economic stability,\" Lin emphasized during a press briefing. He urged the U.S. to resolve disputes through \"equal consultation\" rather than restrictive measures, stressing China's commitment to addressing concerns through dialogue.
The development sparks renewed concerns about strained supply chains and inflationary pressures in key sectors from tech to renewable energy. Analysts warn prolonged friction could disrupt emerging markets and multinational operations worldwide.
Reference(s):
cgtn.com
