‘Bullying only leads to self-isolation,’ China’s Xi says after major trade breakthrough with US
CNN
Chinese leader Xi Jinping has hit out at “bullying” and “hegemonism,” in his first public remarks since a temporary truce over tariffs was agreed in the trade war between the United States and China.
Chinese leader Xi Jinping has hit out at “bullying” and “hegemonism,” in his first public remarks since a temporary truce over tariffs was agreed in the trade war between the United States and China. Great changes unseen in a century are accelerating, which have “made unity and cooperation among nations indispensable,” Xi told an audience of Latin American and Caribbean officials gathered in Beijing for a summit on Tuesday. “There are no winners in tariff wars or trade wars. Bullying or hegemonism only leads to self-isolation,” he said, reiterating a warning he has made throughout the trade war launched by US President Donald Trump. Xi’s speech comes a day after the US and China announced they would drastically roll back tariffs on each other’s goods for an initial 90-day period, in a surprise breakthrough that has de-escalated a punishing trade war and buoyed global markets. This is a developing story and will be updated.
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