Xi Jinping says there are no winners in a tariff war as he visits Southeast Asia
• Notable Attorneys updated 2025/04/10 09:55
• Notable Attorneys updated 2025/04/10 09:55
China’s leader Xi Jinping said no one wins in a trade war as he kicked off a diplomatic tour of Southeast Asia on Monday, presenting China as a force for stability in contrast with U.S. President Donald Trump’s latest moves on tariffs,
Although Trump has paused some tariffs, he has kept in place 145% duties on China, the world’s second-largest economy.
“There are no winners in a trade war, or a tariff war,” Xi wrote in an editorial jointly published in Vietnamese and Chinese official media. “Our two countries should resolutely safeguard the multilateral trading system, stable global industrial and supply chains, and open and cooperative international environment.”
Xi’s visit lets China show Southeast Asia it is a “responsible superpower in the way that contrasts with the way the U.S. under President Donald Trump presents to the whole world,” said Nguyen Khac Giang, a visiting fellow at Singapore’s ISEAS–Yusof Ishak Institute.
While Trump has said he respects Xi, he interpreted the meeting between the two Asian leaders as a sign they were attempting to put the U.S. at a disadvantage on trade.
Talking to reporters in the Oval Office, Trump said China and Vietnam were trying “to figure out how do we screw the United States of America.”
Xi was greeted on the tarmac by Vietnam’s President Luong Cuong at the start of his two-day visit, a mark of honor not often given to visitors, said Nguyen Thanh Trung, a professor of Vietnamese studies at Fulbright University Vietnam. Students of a drum art group performed as women waved the red and yellow Chinese and Communist Party flags.
While Xi’s trip likely was planned earlier, it has become significant because of the tariff fight between China and the U.S. The visit offers a path for Beijing to shore up its alliances and find solutions for the high trade barrier that the U.S. has imposed on Chinese exports.
In Hanoi, Xi met with Vietnam’s Communist Party General Secretary To Lam, his counterpart. “In the face of turmoil and disruption in the current global context, China and Vietnam’s commitment to peaceful development, and deepening of friendship and cooperation and has brought the world valuable stability and certainty,” he said.
He also met with Vietnam’s Prime Minister Pham Minh Chinh. The two sides signed a series of memorandums in areas including strengthening cooperation in supply chains, railroad development and environmental protection, according to Associated Press footage of the signed documents.
Nhan Dan, the official mouthpiece of Vietnam’s Communist Party, said that China and Vietnam will speed up a $8 billion railway project connecting the two countries in a deal that was approved in February.
Although Trump has paused some tariffs, he has kept in place 145% duties on China, the world’s second-largest economy.
“There are no winners in a trade war, or a tariff war,” Xi wrote in an editorial jointly published in Vietnamese and Chinese official media. “Our two countries should resolutely safeguard the multilateral trading system, stable global industrial and supply chains, and open and cooperative international environment.”
Xi’s visit lets China show Southeast Asia it is a “responsible superpower in the way that contrasts with the way the U.S. under President Donald Trump presents to the whole world,” said Nguyen Khac Giang, a visiting fellow at Singapore’s ISEAS–Yusof Ishak Institute.
While Trump has said he respects Xi, he interpreted the meeting between the two Asian leaders as a sign they were attempting to put the U.S. at a disadvantage on trade.
Talking to reporters in the Oval Office, Trump said China and Vietnam were trying “to figure out how do we screw the United States of America.”
Xi was greeted on the tarmac by Vietnam’s President Luong Cuong at the start of his two-day visit, a mark of honor not often given to visitors, said Nguyen Thanh Trung, a professor of Vietnamese studies at Fulbright University Vietnam. Students of a drum art group performed as women waved the red and yellow Chinese and Communist Party flags.
While Xi’s trip likely was planned earlier, it has become significant because of the tariff fight between China and the U.S. The visit offers a path for Beijing to shore up its alliances and find solutions for the high trade barrier that the U.S. has imposed on Chinese exports.
In Hanoi, Xi met with Vietnam’s Communist Party General Secretary To Lam, his counterpart. “In the face of turmoil and disruption in the current global context, China and Vietnam’s commitment to peaceful development, and deepening of friendship and cooperation and has brought the world valuable stability and certainty,” he said.
He also met with Vietnam’s Prime Minister Pham Minh Chinh. The two sides signed a series of memorandums in areas including strengthening cooperation in supply chains, railroad development and environmental protection, according to Associated Press footage of the signed documents.
Nhan Dan, the official mouthpiece of Vietnam’s Communist Party, said that China and Vietnam will speed up a $8 billion railway project connecting the two countries in a deal that was approved in February.