China warns against trade war following Trump tariff threat

sg.news.yahoo.com

China's Embassy in Washington stated that neither the U.S. nor China would benefit from a trade war. This response follows President-elect Donald Trump's threat to impose a 10% tariff on all Chinese imports to combat illegal drug trafficking. The Chinese spokesperson emphasized that China has made progress in fighting drug trafficking, including notifying the U.S. about law enforcement efforts. They rejected the notion that China allows fentanyl precursors to enter the U.S. Recent cooperation between the U.S. and China has focused on reducing the flow of chemicals used to produce fentanyl. China has committed to tightening controls on these chemicals following agreements made last year between President Biden and President Xi Jinping.


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