In a pointed statement on Tuesday, the Chinese Foreign Ministry warned that “there are no winners in trade or tariff wars,” directly addressing recent U.S. import levy threats.
Spokesperson Mao Ning emphasized that “protectionism hurts everyone’s interests,” highlighting the shared risks of escalating duties.
The comments followed letters from President Donald Trump on Monday, which threatened key trading partners with high tariffs. Although these measures were slated to take effect on August 1, their rollout has since been delayed amid ongoing discussions.
Reference(s):
cgtn.com
