China has warned that no one would emerge victorious from a trade war after US President-elect Donald Trump threatened to impose large tariffs on Chinese imports. This remark came in response to concerns over illegal drug trade and immigration. China’s embassy spokesperson emphasized the mutually beneficial nature of economic relations between the two countries.

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• China warns that “no one will win a trade war” after Donald Trump vows big tariffs on imports.
• Trump’s decision comes in response to issues like the illegal drug trade and immigration.
• Liu Pengyu, a spokesperson for China’s embassy in the U.S., said the economic cooperation is mutually beneficial.The tariffs are expected to impact goods from China and potentially other
• countries as well.
• China’s statement highlights the importance of bilateral trade relations between the U.S. and China.
• The trade war warning suggests potential economic losses for both countries.
• Trump’s remarks are seen as a major shift in U.S. foreign trade policy.
• The tension over trade policy could lead to heightened global economic uncertainties.
• Both nations have historically engaged in trade disputes, but this could escalate tensions.
• The outcome of the trade war will affect global markets and international relations.