"About the issue of US tariffs on China, China believes that China-US economic and trade cooperation is mutually beneficial in nature," Chinese Embassy Spokesperson Liu Pengyu said in a statement'No one will win a trade war,' China says after Trump tariff threatUS and Chinese flags are seen in this illustration taken, January 30, 2023. REUTERSNeither the United States nor China would win a trade war, the Chinese Embassy in Washington said on Monday, after US President-elect Donald Trump threatened to slap an additional 10% tariff on all Chinese imports when he takes office on Jan 20. "About the issue of US tariffs on China, China believes that China-US economic and trade cooperation is mutually beneficial in nature," Chinese Embassy Spokesperson Liu Pengyu said in a statement. "No one will win a trade war or a tariff war," Liu said. Trump said he would impose the tariffs until China stops the flow of illegal drugs, particularly fentanyl, into the United States.

Source: bd News24 November 26, 2024 10:18 UTC