Economy

China Stands Firm: Vows to Protect National Interests Amid Trump's Tariff Threat

China's Response to Trump's Tariff Plan

In a strong statement, China's Foreign Ministry spokesperson Mao Ning emphasized Beijing's commitment to safeguarding its national interests. This declaration was made in response to U.S. President Donald Trump's announcement of a potential 10% tariff on Chinese imports, set to begin next month.

"There are no winners in trade wars," Mao Ning stated during a press briefing, highlighting the potential negative impacts of such economic measures on both nations.

Details of the Tariff Announcement

President Trump's proposed tariff aims to address concerns over China's role in facilitating the flow of fentanyl to Mexico and Canada. In discussions with Chinese President Xi Jinping, Trump secured an agreement promising the death penalty for fentanyl traffickers targeting the United States.