The Chinese Embassy in Washington has expressed that a trade war between the United States and China would not benefit either country.
This statement was made in response to the announcement by U.S. President-elect Donald Trump that he plans to impose a 10% tariff on all Chinese imports once he takes office on January 20.
The potential tariffs indicate a continuation of escalating trade tensions between the two economic superpowers, which has raised concerns among businesses and investors about the impact on global trade dynamics.
The embassy's remarks highlight the shared risks involved in such a conflict and emphasize the importance of cooperation rather than confrontation.