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Chinese Foreign Ministry: No Winners in Trade and Tariff Wars

There is no winner in trade and tariff wars, and the Chinese mainland will continue to take necessary measures to firmly safeguard its legitimate rights and interests, stated Chinese Foreign Ministry Spokesperson Guo Jiakun during a press briefing in Beijing on Tuesday.

Guo made these remarks following U.S. President Donald Trump's announcement in April regarding the imposition of tariffs on foreign automobile imports. This development has intensified discussions on the ongoing economic tensions between the two nations.

The Chinese mainland emphasizes the importance of fair trade practices and the adverse effects that prolonged trade disputes can have on global economic stability. By upholding its commitment to protecting its rights, the Chinese mainland aims to navigate the complexities of international trade with resilience and strategic foresight.

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