February 13, 2025
Chinese vice premier: No one benefits from a trade war
No country benefits from a trade war, Chinese Vice Premier Ding Xuexiang warned this week, speaking just one day after the inauguration of President Trump, who has pledged to ramp up U.S. tariffs on Chinese goods. At the World Economic Forum in Davos, Switzerland, Ding provided a keynote speech on Tuesday, calling on “major countries” to “lead by example.” The vice premier did not name the U.S. or Trump but warned against protectionism and unilateral efforts. “Protectionism leads nowhere. Trade...
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