In a recent statement, President Xi Jinping of China criticized tariffs, calling them detrimental to the global economic order. The remarks come in the midst of escalating trade tensions between China and the United States, with Donald Trump having previously imposed tariffs on Chinese imports, prompting retaliatory duties from China on American goods. President Xi’s stance reflects China’s opposition to deals that are perceived to be at its expense. Chinese Foreign Minister Wang Yi has also called on the United Kingdom and the European Union to uphold and protect multilateral trade agreements. The criticism of tariffs by President Xi Jinping underscores China’s commitment to international trade cooperation and its stance against protectionist measures. The comments from the Chinese leadership come at a time of heightened trade tensions globally and signal China’s desire for a more collaborative approach to trade relations. President Xi’s statement is seen as a call for a more inclusive and mutually beneficial trade environment.
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President Xi Jinping criticizes tariffs as undermining global economic order amid tensions with US; China opposes deals at its expense.
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