Tariffs, China: Progress with U.S., Cooperation Must Be Strengthened

Tariffs, China: Progress with U.S., Cooperation Must Be Strengthened
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Rome, June 11 (LaPresse) – Chinese Vice Premier He Lifeng stated that “new progress has been made in resolving respective economic and trade concerns” with the U.S. during meetings in London, and that moving forward, cooperation with Washington “will need to be strengthened,” according to Chinese media.

As reported by the Global Times, He emphasized that China’s stance on China-U.S. economic and trade issues “is clear and consistent.” “The essence of China-U.S. economic and trade relations is mutual benefit,” he said. “Cooperation benefits both sides, while confrontation harms both.”

He stressed that “there are no winners in a trade war.” “China does not seek conflict, but it will not be intimidated. The two parties should resolve trade differences through equal dialogue and mutually beneficial cooperation. China approaches these consultations with sincerity and respect for principles,” he added.

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