Post US-China Tariff Negotiations Response: Xi Jinping: Bullying Only Leads to Isolation

After the US-China trade war temporarily halted following negotiations, Chinese President Xi Jinping stated that there are no victors in a trade or tariff war.

The Fourth Ministerial Meeting of the China-CELAC Forum opened on the 13th in Beijing, and Xi Jinping delivered a speech.

Xi Jinping said, “The unprecedented changes in a century are accelerating, making unity and cooperation among countries indispensable.”

Xi Jinping reiterated: “There are no winners in tariff wars or trade wars. Bullying or hegemonism only leads to self-isolation.” This is a warning he has continuously issued since U.S. President Trump announced reciprocal tariffs globally.

Supporting the Expansion of Influence of Latin American and Caribbean Countries

Xi Jinping said China supports Latin American and Caribbean countries in expanding their influence on the multilateral stage.

In recent years, Beijing has strengthened economic and political cooperation with Latin American countries, challenging the long-standing geopolitical and economic dominance of the United States in the region.

Xi Jinping said that China and Latin American and Caribbean countries are both important members of the “global south.” Independence and self-reliance are glorious traditions; development and revitalization are natural rights; fairness and justice are shared pursuits.

Xi Jinping pointed out that in the face of the dark undercurrents of geopolitical and bloc confrontations, and the opposing currents of unilateralism and protectionism, China is willing to join hands with Latin American countries to initiate five major projects, to pursue development and revitalization and to jointly build a China-Latin America community with a shared future.

Xi Jinping mentioned that although China and Latin America are geographically distant, the friendly exchanges between the two have a long history. They have also been promoting deeper trade, investment, and financial ties, with last year's trade volume surpassing $500 billion for the first time.