On the recordApril 13, 2025
There are no winners in a trade war, or a tariff war.
Said by
Xi Jinping
Chinese Communist Party
Source
thedailybeast.comThere are no winners in a trade war, or a tariff war.
Xi warns that trade wars benefit no one.
Share
More from Xi Jinping
Xi Jinping will lead the correct direction of global governance, clearly oppose unilateralism and bullying.
I hope for a fair and durable peace deal that is binding and accepted by all parties concerned.
China must consolidate its leadership in its advantageous industries, and tighten global industrial chains’ dependence on China to build strong countermeasures and deterrent capabilities against deliberate external supply cutoffs.
It is hoped that the European side will keep the trade and investment market open and refrain from using restrictive economic and trade tools.