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These remarks by the Chinese embassy in India came after an escalating trade war between the US and China, wherein Donald Trump has threatened to imposed 104% tariffs.
China stressed “complementarity” and “mutual benefit” in ties with India amid a trade war with the US. (File Image)
The sweeping tariffs imposed by US President Donald Trump, followed by counter-tariffs by China, have plunged global markets into turmoil and sparked a global trade war. While China continues to resist US tariffs, it has also turned to India to “stand together” in overcoming difficulties.
Trade tensions between the US and China escalated sharply over days of turmoil after Trump imposed 34% reciprocal tariffs on Chinese goods, to which Beijing responded with 34% counter-tariffs on global markets. Annoyed, Trump promised additional 50% tariffs if China does not withdraw its retaliation plans.
Criticising the US move, Yu Jing, the spokesperson of the Chinese embassy in India, said China’s economy was underpinned by a system that ensures steady growth and the country is a strong defender of economic globalisation and multilateralism, contributing to 30% of global growth on average.
“China-India economic and trade relationship is based on complementarity and mutual benefit. Facing the US abuse of tariffs, which deprives countries, especially Global South countries, of their right to development, the two largest developing countries should stand together to overcome the difficulties,” she said in a statement.
China’s economy is underpinned by a system that ensures steady growth, and produces positive spillovers. Chinese manufacturing is built on a complete and continually upgrading industrial system, sustained investment in R&D, and a strong focus on innovation.China is a firm… pic.twitter.com/w3QuSCingL
— Yu Jing (@ChinaSpox_India) April 8, 2025
Yu further said that all countries should uphold the principles of extensive consultation, practice true multilateralism, jointly oppose all forms of unilateralism and protectionism, adding that trade and tariff wars have no winners.