Beijing, October 25 — The Chinese mainland has voiced strong opposition to the United States’ decision to impose an additional 10% tariff on goods from China, warning that escalating trade tensions will benefit no one.
Foreign Ministry spokesperson Lin Jian stated on Wednesday that applying pressure on China is not the right approach for the U.S. to handle its relations with China. "There will be no winners in the trade war, tariff war," Lin emphasized during a press briefing.
China urges the U.S. to correct its wrongful actions and engage in equal consultation to address mutual concerns. "We hope to promote the stable, healthy, and sustainable development of China-U.S. relations," Lin added.
The latest tariffs mark a significant escalation in the ongoing trade dispute between the world’s two largest economies. Experts warn that continued tensions could have far-reaching effects on the global economy, impacting jobs and markets worldwide.
Young people around the globe are watching closely, hopeful for a resolution that supports international cooperation and economic stability.
Reference(s):
cgtn.com