Donald Trump and Xi Jinping.
Beijing: Big news is coming amidst the threat of future US President Donald Trump to increase tariffs on Chinese goods. Chinese President Xi Jinping has reacted strongly to Trump’s threat. Jinping warned on Tuesday that no one will win in the tariff and technology war between America and China. He said that China will strongly protect its interests in this matter. His statement has come before Donald Trump once again takes over the reins of the presidency of America in January 2025. Let us tell you that relations between China and America have been full of tension for the last few years.
‘China will always pay attention to its own affairs’
Xi said in a meeting in Beijing with the heads of 10 most important international organizations, including the World Bank, the International Monetary Fund (IMF) and the World Trade Organization (WTO), ‘Tariffs, trade and technology wars are contrary to economic laws and None of them will win. He stressed China’s principles for relations with the US during the meeting. “China will always pay attention to its own affairs and resolutely safeguard its sovereignty, security and development interests,” Xi said, according to a news release by official media in Beijing. China will remain steadfast in its commitment to encourage a free economy.
Trump had threatened to impose 60 percent tariff
This statement of the Chinese President has come at a time when America’s newly elected President Donald Trump had said in an interview given to the ‘National Broadcasting Company’ i.e. NBC that there is a ‘very good relationship’ between him and Jinping and both of them ‘ The talks took place only this week. However, China did not confirm whether any conversation took place between Xi and Trump. During his election campaign for the US presidency, Trump had threatened to impose 60 percent tariff on sugar exports to America.
Xi Jinping advocated open economy
Trump had also warned during his campaign that if China failed to control fentanyl, he would impose 10 percent more duty. Xi said that the economies of all countries have to face problems. He said that all countries should work together to build an open world economy, promote innovation, take advantage of important opportunities such as digital economy, artificial intelligence and low-carbon technologies as new sources of economic growth. Must search.
