China Says Trade Wars Yield “No Winners”
(MENAFN) On Tuesday, China condemned the escalating trade and tariff conflicts, stating that such disputes yield "no winners" following US President Donald Trump’s announcement of unilateral tariffs targeting 14 countries.
During a live-streamed press briefing in Beijing, Chinese Foreign Ministry spokesperson Mao Ning reaffirmed China’s consistent and clear stance on tariff increases, emphasizing that "protectionism hurts the interest of all."
Trump’s Monday declaration imposed a sweeping range of tariffs: 25% on imports from Japan, South Korea, Malaysia, Kazakhstan, and Tunisia; 30% on goods from South Africa and Bosnia and Herzegovina; 32% on Indonesian products; 35% on Serbia and Bangladesh; 36% on
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