President Xi Jinping criticizes tariffs, calling them a threat to global economic order amid China-US tensions.

In a recent development, President Xi Jinping has publicly criticized tariffs, arguing that they have a detrimental impact on the global economic order. This statement from the Chinese leader comes at a time of heightened tensions between China and the United States, with the two countries engaging in a trade war involving tit-for-tat tariff impositions. The escalation began when former U.S. President Donald Trump imposed tariffs on imports from China, prompting retaliatory measures from Beijing targeting American goods. President Xi’s remarks reflect China’s stance on opposing trade deals that are perceived to be unfair or disadvantageous to its interests. In a related context, Chinese Foreign Minister Wang Yi has called upon the United Kingdom and the European Union to uphold and safeguard the principles of multilateral trade. President Xi’s criticism of tariffs is seen as a signal of China’s commitment to maintaining a rules-based international trading system. The ongoing trade tensions between China and the U.S. have had far-reaching implications, not only for the two countries involved but also for the global economy at large. The call for defending multilateral trade agreements underscores China’s position on advocating for a more inclusive and equitable approach to international trade relations.

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