China warns against trade war following Trump's tariff threat

The Chinese 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 starting January 20. The embassy emphasized that U.S.-China economic cooperation is mutually beneficial. It also noted that China has made progress in combating drug trafficking, particularly fentanyl, in response to U.S. concerns. Recent cooperation includes a joint investigation into drug trafficking and China's commitment to tighten controls on chemicals used to produce fentanyl. This follows an agreement between President Biden and President Xi Jinping to enhance collaboration on narcotics enforcement.