President Xi Jinping criticizes tariffs as undermining global economic order amid US-China tensions, urging UK and EU to defend trade.

In a recent development, President Xi Jinping has condemned tariffs, stating that they are detrimental to the global economic order. This critique comes in the midst of escalating tensions between China and the United States, triggered by the imposition of tariffs on Chinese imports by former President Donald Trump. In response, China retaliated by levying duties on American goods, reflecting its stance against deals that are perceived to be disadvantageous. Foreign Minister Wang Yi has also called upon the United Kingdom and the European Union to uphold and safeguard multilateral trade agreements. This statement by President Xi Jinping underscores China’s commitment to free and fair trade practices and its opposition to protectionist measures that could disrupt the global economy. The criticism of tariffs by the Chinese leadership highlights the importance of fostering mutually beneficial trade relationships and promoting economic cooperation on an international scale. This development is significant in the current geopolitical landscape, where trade tensions between major global powers continue to impact the stability and growth of the global economy.

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