China President Xi Jinping announces winner of Tariff war. This will not make Donald Trump happy

China's leader Xi Jinping said no one wins in a trade war as he kicked off a diplomatic tour of Southeast Asia on Monday, presenting China as a force for stability in contrast with U.S. President Donald Trump's latest tariffs moves.

Although Trump has paused some tariffs, he has kept in place 145 per cent duties on China, the world's second-largest economy.

"There are no winners in a trade war, or a tariff war," Xi wrote in an editorial jointly published in Vietnamese and Chinese official media. “Our two countries should resolutely safeguard the multilateral trading system, stable global industrial and supply chains, and open and cooperative international environment.”


Xi's visit lets China show Southeast Asia it is a "responsible superpower in the way that contrasts with the way the U.S. under President Donald Trump presents to the whole world," said Nguyen Khac Giang, a visiting fellow at Singapore’s ISEAS–Yusof Ishak Institute.

Xi was greeted on the tarmac by Vietnam's President Luong Cuong at the start of his two-day visit, a mark of honor not often given to visitors, said Nguyen Thanh Trung, a professor of Vietnamese studies at Fulbright University Vietnam. Students of a drum art group performed as women waved the red and yellow Chinese and Communist Party flags.

While Xi’s trip likely was planned earlier, it has become significant because of the tariff fight between China and the U.S. The visit offers a path for Beijing to shore up its alliances and find solutions for the high trade barrier that the U.S. has imposed on Chinese exports.

FAQs

Q1. Who is China's President?
A1. Xi Jinping is China's President.

Q2. How much tariff has the US imposed on China?
A2. Although US President Donald Trump has paused some tariffs, he has kept in place 145 per cent duties on China, the world's second-largest economy.