There are no winners in tariff or trade wars, nor in wars over science and technology or industry, insists China's top envoy to the United States. Xie Feng, China's ambassador to the U.S., addressed concerns of a bruising confrontation between the two countries after Donald Trump's presidential election win. | CGTNEurope

82K views · 307 reactions | "Tariff and trade wars have no winners. China does not want to fight these wars but is not scared of them," Chinese Foreign Ministry spokesperson Lin Jian said on Friday in response to a question noting that the White House has confirmed many Chinese exports to the US now face cumulative tariffs of up to 145%, and whether China will again raise tariffs on US imports. | Global Times | Facebook