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China urges US to stop exerting maximum pressure to solve issues

  • China urged the US to stop threatening and blackmailing, stating it seeks equality and mutual benefit in negotiations, according to Foreign Ministry Spokesperson Lin Jian.
  • President Donald Trump has imposed new tariffs on many Chinese imports, totaling 145 percent, significantly impacting trade relations.
  • Lin Jian stated, "There is no winner in a tariff war or a trade war," highlighting the tension in US-China economic relations.
  • Experts caution that the escalating trade tensions may lead to a global recession, affecting both Chinese exports and investments in the US market.
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FXStreet broke the news in on Wednesday, April 16, 2025.
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