China Warns No Winners In Trade War As Trump Boasts Of ‘Tariff Power’

China has warned that there are no winners in a trade war after former President Donald Trump softened his stance on tariffs. In a statement on January 23, 2025, Trump expressed a preference to avoid imposing tariffs on China, acknowledging their significant impact on the country. Meanwhile, a Chinese Foreign Ministry spokesperson reiterated that trade cooperation between China and the US should be based on dialogue and negotiation, emphasising that tariffs and trade wars benefit neither side and harm global interests. n18oc_world n18oc_crux