Suche
Mein Konto
Xi: Bullying only leads to self-isolation after trade breakthrough with US
Xi Jinping warns of the consequences of "bullying" and "hegemonism" after a trade breakthrough with the US. He emphasizes that tariff wars benefit no one and lead to self-isolation.
Xi: Bullying only leads to self-isolation after trade breakthrough with US
Chinese leader Xi Jinping, in his first public comments since agreeing on a temporary ceasefire regarding tariffs in the trade war between the United States and China sharp criticism of “bullying” and “hegemonism”.
Change and the need for international cooperation
Addressing Latin American and Caribbean officials gathered for a summit in Beijing, Xi stressed that "major changes not seen in a century are accelerating," making unity and cooperation among nations essential.
No winners in trade wars
"There are no winners in tariff wars or trade wars. Bullying or hegemonism only leads to self-isolation," he said, repeating a warning he issued during the trade conflict with US President Donald Trump.
Unexpected breakthrough in the trade war
Xi's speech came a day after the announcement that the United States and China would significantly reduce tariffs on each other's goods for an initial 90-day period. This surprising breakthrough has a de-escalating effect on the strict Trade war and strengthened the global markets.
Temporary respite in a stressful tariff war
The unexpected advance offers temporary relief in a stressful tariff war that has rattled financial markets, threatened trade between the world's two largest economies and stoked fears of a global recession.
This story is evolving and will be updated.