Trump claims that the likelihood of reaching a trade agreement with China is very high, Ministry of Foreign Affairs: There are no winners in a trade war or tariff war

Wallstreetcn
2025.02.20 07:31

On February 20th, Foreign Ministry spokesperson Guo Jiaqun hosted a regular press conference. A reporter from AFP asked about U.S. President Trump's statement that he believes there is a high likelihood of reaching a trade agreement with China. What is China's response? Has there been any progress in reaching an agreement? Guo Jiaqun stated that China has repeatedly clarified its position on China-U.S. economic and trade issues, emphasizing that there are no winners in a trade war or tariff war, and it harms the interests of people in all countries. "We firmly oppose the U.S. unilateral imposition of tariffs, and both sides should resolve their respective concerns through dialogue and consultation based on equality and mutual respect. China will continue to take necessary measures to firmly safeguard its legitimate rights and interests." (The Paper)

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