Xi Jinping talks about the impact of tariff wars on the global economic order

Tariff and trade wars are undermining the global economic order. This was announced by Chinese President Xi Jinping at a meeting with Azerbaijani President Ilham Aliyev on April 23.

"Tariff and trade wars undermine the legitimate rights and interests of all countries, damage the multilateral trading system and affect the global economic order," the Xinhua news agency quoted him as saying.

In addition, Xi Jinping noted that China is ready to work with Azerbaijan to protect the international system, and it is also ready to jointly defend international justice and justice in the world.

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On April 9, US President Donald Trump announced the suspension of duties imposed on a number of countries for 90 days. The head of state also announced an immediate increase in duties on products from China to 125%. On April 10, this figure reached 145%. Later, Trump announced on April 22 that the United States would reduce the percentage of customs duties on China, but not to zero.