China’s Embassy in Washington: No one will win a trade war

Dhwani Mehta FXStreet

After US President-elect Donald Trump’s threat to impose additional 10% tariffs on all Chinese goods, China’s Embassy in Washington responded by saying that “no one will win a trade war or a tariff war.”

Additional quotes

About the issue of US tariffs on China, China believes that China-US economic and trade cooperation is mutually beneficial in nature.

The Chinese side has notified the US side of the progress made in US-related law enforcement operations against narcotics.

All these prove that the idea of China knowingly allowing fentanyl precursors to flow into the United States runs completely counter to facts and reality.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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