China says there are no winners in the trade war

Chinese Foreign Ministry spokesman Lin Jian said on April 10 that there were no winners in the trade war over tariffs.

"I wanted to emphasize once again that there is no winner in a war on tariffs or a trade war. We will never sit idly by and watch the legitimate rights and interests of the Chinese people being infringed upon," Jiang said at a briefing.

He also noted that if the United States insists on unleashing a war with duties and a trade war, then China will go to the end. According to him, by imposing duties, the United States is challenging the whole world and entering into a confrontation with it.

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Earlier, on April 9, US President Donald Trump announced that the United States would immediately raise trade duties on China to 125%. On the same day, the Chinese authorities, in turn, decided to raise duties on imported goods from the United States to 84% as a mirror measure.

On the same day, American leader Donald Trump said that the United States could conclude trade agreements with all countries, including China and the European Union (EU), but only on fair terms for Washington.