Xi Jinping: "There are no winners in a trade war"

There are no winners in a trade war, or a tariff war.  Our two countries [China and Vietnam] should resolutely safeguard the multilateral trading system, stable global industrial and supply chains, and open and cooperative international environment.  Trade war and tariff war will produce no winner, and protectionism will lead nowhere.

~ Xi Jinping, editorial jointly published in Chinese and Vietnamese official media, April 14, 2025