|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Business & Economy (Click here for more)

Trade War with US Will Harm All Parties, Chinese Foreign Minister Says

BEIJING – A trade war with the United States would harm both the initiator and the target countries, Chinese Foreign Minister Wang Yi said on Thursday, adding that China would make “justified and necessary responses” to the US tariff increases.

Wang noted during a press conference on the sidelines of the annual meeting of National People’s Congress in Beijing that a trade war had never been “the right solution.”

US President Donald Trump, who has long criticized China and other countries for what he says are unfair trade practices, recently announced he would impose import tariffs of 25 percent on steel and 10 percent on aluminum, provoking worries about a potential trade war.

Wang said that China hoped to reach a calm and constructive dialogue with the United States, as both countries, being the world’s largest economies, have deeply entwined interests and must take into account not only the benefits of their own people but also those of other countries.

He also added that China has no interest in displacing the US because China’s path towards being a leading world economy is different from that of the traditional powers.

The foreign minister said some Americans see China as a strategic competitor and claim that China will replace the US in its global role, but added that such conclusion is fundamentally wrong.

If there were to be a competition between China and the US – the world’s two largest economies and both permanent members of the UN Security Council –, it should be a “healthy and positive” one, Wang said.

 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2018 © All rights reserved