Egypt Daily News – The spokesman for the Chinese Embassy in Washington, Liu Bingyu, commented on US President Donald Trump’s position on increasing customs tariffs on Chinese goods, saying that cooperation between Beijing and Washington is “beneficial to both parties,” warning that this trade battle will only lead to a loss.
Earlier on Monday, Trump promised to impose comprehensive new tariffs on the three largest suppliers to the United States: Mexico, Canada, and China, as soon as he takes office, as part of his efforts to eliminate illegal immigration and drugs, saying that he would impose a 25% tax. on products coming from Canada and Mexico, and an additional 10% tariff on goods coming from China.
Trump pointed out that these three parties must intervene to solve the problem of illegal immigration, otherwise “it is time for them to pay a heavy price.”
In a post on social media, the Republican leader said: “On January 20, I will sign the necessary documents to impose additional tariffs on all products coming into Washington and its ridiculous open borders,” complaining about the thousands of illegal immigrants from Canada and Mexico, who are “causing… High levels of crime and drug use.
Trump noted that the new tariffs will remain in place “until such time as drugs, especially fentanyl, and all the illegal aliens stop this invasion of our country!”
Speaking about China, Trump said he had many conversations about the huge amounts of smuggled drugs, particularly fentanyl, being sent to the United States, but these conversations remained to no avail. “Until such time as they stop, we will impose an additional 10% tariff on China, on top of any existing tariffs, on all of their many products coming into the USA,” he threatened.
On the other hand, the Chinese embassy in Washington warned that the trade war between the two poles would only bring loss. “Economic and trade cooperation between China and the United States is of a mutually beneficial nature,” embassy spokesman Liu Bingyu said on the X website. “No one is going to win a trade war or a tariff war,” he added. He noted that China took steps last year to help stop drug trafficking.