“There are no winners in tariff wars or trade wars. Bullying or hegemonism only leads to self-isolation,” he said, reiterating a warning he has made throughout the trade showdown with US President Donald Trump. Xi’s speech comes a day after the US and China announced they would drastically roll back tariffs on each other’s goods for an initial 90-day period, in a surprise breakthrough that has de-escalated a punishing trade war and buoyed global markets.
tirsdag 13. mai 2025
Bullying only leads to self-isolation, Xi says day after US-China tariff truce
Chinese leader Xi Jinping has taken aim at “bullying” and “hegemonism,” in his first public remarks since a temporary truce over tariffs was agreed in the trade war between the United States and China. Great changes unseen in a century are accelerating, which have “made unity and cooperation among nations indispensable,” Xi told an audience of Latin American and Caribbean officials — including the presidents of Brazil, Colombia and Chile —gathered in Beijing for a summit on Tuesday.
“There are no winners in tariff wars or trade wars. Bullying or hegemonism only leads to self-isolation,” he said, reiterating a warning he has made throughout the trade showdown with US President Donald Trump. Xi’s speech comes a day after the US and China announced they would drastically roll back tariffs on each other’s goods for an initial 90-day period, in a surprise breakthrough that has de-escalated a punishing trade war and buoyed global markets.
“There are no winners in tariff wars or trade wars. Bullying or hegemonism only leads to self-isolation,” he said, reiterating a warning he has made throughout the trade showdown with US President Donald Trump. Xi’s speech comes a day after the US and China announced they would drastically roll back tariffs on each other’s goods for an initial 90-day period, in a surprise breakthrough that has de-escalated a punishing trade war and buoyed global markets.
