The Chinese foreign ministry has made it clear to the US that there are no winners in trade war, saying it will defend its “national interests” after US President Donald Trump told reporters he’s considering a 10% tariff on Chinese goods.
“We have always believed that there are no winners in a trade war or a tariff war,” the department’s spokeswoman Mao Ning said at a daily briefing.
China’s “firmly committed to safeguarding national interests,” she’s also quoted as saying.
Trump says the tariff could come into effect as soon as 1 February (next weekend), and that it’s based on China sending fentanyl to Mexico and Canada. China previously defended its efforts to stop the flow of illegal drugs.
As we’ve been reporting, Trump has also threatened import taxes on Canada and Mexico, as well as the EU.
