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Tariff Wars Have No Winners: "Coercion and pressuring will not achieve anything," Says China, responding to US tariff warning

Summary by Zee Business
Coercion and pressuring will not achieve anything. China will firmly defend its sovereignty, security and development interests. Get more World Economy News and Business News on Zee Business.
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BEIJING, July 30—China will act on energy security in accordance with its national interests, the Foreign Ministry said Wednesday, recalling that there are no winners in a tariff war and that coercion does not solve problems. Spokesperson Guo Jiakun responded in this way to the latest comments by US Treasury Secretary Scott Bessent, after the final round of trade and economic consultations between Washington and Beijing in Scotland.

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Zee Business broke the news in India on Wednesday, July 30, 2025.
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