China slams US tariffs: 'There are no winners in a trade war'

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China slams US tariffs: 'There are no winners in a trade war'  Chinese Foreign Ministry spokesperson Lin Jian denounced US Defence Secretary Pete Hegseth’s statement that the US is “prepared” to go to war with China following Beijing’s warning over escalating trade tensions.  READ MORE : http://www.euronews.com/2025/03/06/china-slams-us-tariffs-there-are-no-winners-in-a-trade-war  Subscribe to our channel. Euronews is available on Dailymotion in 12 languages

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00:00China hit back at higher U.S. tariffs on Thursday, with leaders saying they will not yield to

00:07what they say are coercion and threats.

00:10The Chinese foreign minister made clear that there are no winners in a trade war.

00:16China's position is clear and consistent.

00:20Whether it's a tariff war or a trade war, whether it's a cold war or a hot war,

00:26we can't win or we can't win.

00:29As China's economic growth could see a hit if exports reduce, the country is hoping to

00:34boost internal production and consumption to combat a potential slowdown.

00:39The Chinese Minister of Commerce acknowledged that Chinese exporters face serious challenges

00:43and that the country is also dealing with slower consumer spending.

00:47But at the same time, we also see that domestic consumption needs are insufficient.

00:52The problem of insufficient consumption potential is more prominent.

00:56Let's take a closer look.

00:59From the point of view of commodity consumption, the main problem is that the ability to consume,

01:04the willingness to consume is weak.

01:06China has also hit the U.S. with duties and other restrictions on American goods.

01:10The commerce minister, however, stressed that China is open to resolving differences over trade.

01:15He added that his country expects mutual respect in its dealings with other countries.

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