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From Fox News: Chinese President Xi Jinping called President-elect Trump to congratulate him on his election win, and warned the U.S. would “gain from cooperation and lose from confrontation” with China.
The message comes as the Chinese Communist Party (CCP) must prepare for deeper tensions as Trump has vowed to bring back the trade war of his last presidency with blanket tariffs.
“Xi Jinping noted that history tells us that both countries stand to gain from cooperation and lose from confrontation. A China-U.S. relationship with stable, healthy and sustainable development serves the common interests of the two countries,” China’s foreign ministry said in a readout of the conversation.
“It is hoped that the two sides will, in the principles of mutual respect, peaceful coexistence and win-win cooperation, enhance dialogue and communication, properly manage differences, expand mutually beneficial cooperation, and find the right way for China and the United States to get along with each other in the new era to the benefit of the two countries and the world.”
The report notes that Trump has proposed a 10% tariff on all U.S. imports and 60% on Chinese-made products.
Meanwhile, China expert and author Gordon Chang commented on Thursday, “#XiJinping, by depending on exports to rescue his failing economy, has put #China’s fate in our hands. He now expects us to accept his increasingly predatory and criminal #trade practices. Instead, we should impose high across-the-board #tariffs.”
#XiJinping, by depending on exports to rescue his failing economy, has put #China’s fate in our hands. He now expects us to accept his increasingly predatory and criminal #trade practices. Instead, we should impose high across-the-board #tariffs. @MariaBartiromo @MorningsMaria https://t.co/Gsp5Nfvy1p
— Gordon G. Chang (@GordonGChang) November 7, 2024
Xi Jinping warns Trump US would ‘lose from confrontation’ with China as renewed trade war looms https://t.co/Po1aVOY2F4
— Fox News (@FoxNews) November 7, 2024
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