Beijing Says No Winners in Trade Wars, Only People's Interests Will Suffer

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Trade - Sputnik Africa, 1920, 17.02.2025
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BEIJING (Sputnik) - Earlier, US President Donald Trump said the BRICS' attempt to "undermine the dollar" could have dire consequences for America and the world.
There are no winners in tariff and trade wars; only the interests of the people of all countries will suffer, Chinese Foreign Ministry spokesman Guo Jiakun said on Monday, commenting on US President Donald Trump's words that BRICS "died."

"As for the issue of the US imposing additional duties, China has repeatedly explained its position: there are no winners in trade or tariff wars; only the common interests of the peoples of all countries will suffer," Guo told reporters.

President-elect Donald Trump speaks during a news conference at Mar-a-Lago, Monday, Dec. 16, 2024. - Sputnik Africa, 1920, 15.02.2025
BRICS' Attempt to 'Undermine Dollar' Could Be Bad for US, World, Trump Claims
Last week, Trump said that BRICS “died” the moment he threatened to impose 100% tariffs on those countries that would allegedly move forward with a new currency to challenge the US dollar.
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