Neither the United States nor China would win a trade war, the Chinese Embassy in Washington said on Monday, after U.S. President-elect Donald Trump threatened to slap an additional 10% tariff on all Chinese imports when he takes office on Jan. 20.
Neither the United States nor China would win a trade war, the Chinese Embassy in Washington said on Monday, after U.S. President-elect Donald Trump threatened to slap an additional 10% tariff on all Chinese imports when he takes office on Jan. 20.
"About the issue of US tariffs on China, China believes that China-US economic and trade cooperation is mutually beneficial in nature," Chinese Embassy Spokesperson Liu Pengyu said in a statement.
"No one will win a trade war or a tariff war," Liu said.
Trump said he would impose the tariffs until China stops the flow of illegal drugs, particularly fentanyl, into the United States.
In the statement, Liu said China had taken steps to combat drug trafficking after an agreement was reached last year between President Joe Biden and Chinese President Xi Jinping.
"The Chinese side has notified the US side of the progress made in US-related law enforcement operations against narcotics," Liu said.
"All these prove that the idea of China knowingly allowing fentanyl precursors to flow into the United States runs completely counter to facts and reality," Liu said.
There has been incremental but visible progress in co-operation over shutting down illicit traffic in chemicals used to produce deadly fentanyl after Xi and Biden agreed to resume joint efforts last year.
The United States, where fentanyl abuse has been a major cause of death, has pushed China for tougher law enforcement, including tackling illicit finance and clamping further controls on the chemicals.
In June, China's top prosecutor urged its law enforcement officials to focus on combating drug trafficking, as Beijing and Washington unveiled a rare joint investigation into drugs.
In August, days after a meeting of a joint counternarcotics working group, China said it would tighten controls on three chemicals essential for making fentanyl.
South Korea, China, and Japan held their first economic dialogue in five years on Sunday, aiming to strengthen regional trade cooperation amid growing concerns over U.S. tariffs under President Donald Trump.
China has urged the EU to join forces in resisting U.S. protectionism and safeguarding global trade, as Vice Premier He Lifeng met EU trade chief Maros Sefcovic in Beijing. While both sides seek stronger ties, the EU stresses the need to rebalance trade relations amid ongoing market access concerns.
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A Chinese medical team has successfully transplanted a gene-edited pig liver into a brain-dead human, marking a breakthrough in xenotransplantation. The organ functioned normally, showing no signs of acute rejection or viral transmission during a 10-day observation period.
Apple marked its 49th anniversary by reaching a market capitalization of $3.3 trillion. Despite recent tech stock volatility, Apple's shares surged 28% in 2024.
Sweden announced its largest military aid package to Ukraine worth $1.6 billion to help Kyiv strengthen its position in peace talks. The package includes new equipment and financial donations for Ukraine's defense industry, with Sweden's total support since 2022 reaching 80 billion crowns.
Britain's King Charles is resuming public duties this week after a brief hospital visit due to side effects from his cancer treatment. Following a restful weekend, he is preparing for a regular working week at Windsor Castle, with some appointments rescheduled ahead of his state visit to Italy.
Thomas Lubanga, a convicted war criminal, has announced the formation of the Convention for the Popular Revolution (CPR) in eastern Congo's Ituri province, posing a new security threat as Congo's army faces advances by Rwandan-backed M23 rebels.
AnewZ provides an examination of Marine Le Pen, the leader of France's far-right National Rally party, and explores her ascent in French politics, her controversial policy positions, and the recent legal challenges she faces.
Royal Australian Air Force (RAAF) pilots, monitoring a Chinese navy warship as it navigated Australian waters, were alerted to a live-fire exercise via a civilian radio broadcast, defense officials revealed on Tuesday.
A powerful 7.7-magnitude earthquake struck Myanmar’s Sagaing region, followed by a 6.4-magnitude tremor, killing 2056 people and leaving 3,900 injured. The quake caused building collapses in Myanmar and Thailand, prompting emergency declarations and ongoing rescue efforts.
As the world shifts toward clean energy at an ever-accelerating pace, large economies are scrambling to secure reliable supply chains for rare earth minerals. These minerals, once seen as mere industrial components, have become a political tool in the global power struggle
Russian forces carried out a drone attack on Ukraine’s second-largest city, Kharkiv, late Wednesday, injuring at least twenty one people and causing structural damage, according to Ukrainian officials.
Sweden announced its largest military aid package to Ukraine worth $1.6 billion to help Kyiv strengthen its position in peace talks. The package includes new equipment and financial donations for Ukraine's defense industry, with Sweden's total support since 2022 reaching 80 billion crowns.
Britain's King Charles is resuming public duties this week after a brief hospital visit due to side effects from his cancer treatment. Following a restful weekend, he is preparing for a regular working week at Windsor Castle, with some appointments rescheduled ahead of his state visit to Italy.
Thomas Lubanga, a convicted war criminal, has announced the formation of the Convention for the Popular Revolution (CPR) in eastern Congo's Ituri province, posing a new security threat as Congo's army faces advances by Rwandan-backed M23 rebels.
AnewZ provides an examination of Marine Le Pen, the leader of France's far-right National Rally party, and explores her ascent in French politics, her controversial policy positions, and the recent legal challenges she faces.
A powerful 7.7-magnitude earthquake struck Myanmar’s Sagaing region, followed by a 6.4-magnitude tremor, killing 2056 people and leaving 3,900 injured. The quake caused building collapses in Myanmar and Thailand, prompting emergency declarations and ongoing rescue efforts.
Apple marked its 49th anniversary by reaching a market capitalization of $3.3 trillion. Despite recent tech stock volatility, Apple's shares surged 28% in 2024.
Sweden announced its largest military aid package to Ukraine worth $1.6 billion to help Kyiv strengthen its position in peace talks. The package includes new equipment and financial donations for Ukraine's defense industry, with Sweden's total support since 2022 reaching 80 billion crowns.
Britain's King Charles is resuming public duties this week after a brief hospital visit due to side effects from his cancer treatment. Following a restful weekend, he is preparing for a regular working week at Windsor Castle, with some appointments rescheduled ahead of his state visit to Italy.
Thomas Lubanga, a convicted war criminal, has announced the formation of the Convention for the Popular Revolution (CPR) in eastern Congo's Ituri province, posing a new security threat as Congo's army faces advances by Rwandan-backed M23 rebels.
AnewZ provides an examination of Marine Le Pen, the leader of France's far-right National Rally party, and explores her ascent in French politics, her controversial policy positions, and the recent legal challenges she faces.
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