Chinese President Xi Jinping issued a warning in Vietnam while on a visit of Southeast Asia, while Trump hinted at the prospect of further taxes in the future.
Xi said in an editorial that was co-published by Chinese and Vietnamese government media that “there are no winners in a trade war, or a tariff war.”
“Our two nations should steadfastly protect the open and cooperative international environment, stable global industrial and supply chains,
And multilateral trading system.” “Trade wars and tariff wars will not yield a victor, and protectionism will not lead anywhere,” he said.
Xi is traveling to strengthen ties and resolve the trade dispute with Trump. The Chinese president is anticipated to visit Malaysia and Cambodia after Vietnam.
