Select Language

China's Presi. Xi: Tariff and trade wars produce no winners

Breaking news

China's Presi. Xi: Tariff and trade wars produce no winners

  • X
  • facebook
  • LINE
  • RSS

  • X
  • facebook
  • LINE
  • RSS
New update 2025.05.13 12:08
China's Presi. Xi: Tariff and trade wars produce no winners

update 2025.05.13 12:08

Speaking at the opening ceremony of the fourth ministerial meeting of the China-CELAC (Community of Latin American and Caribbean States) Forum in Beijing on Tuesday, Chinese President Xi Jinping said that "tariff and trade wars produce no winners."

Further comments

  • Acts of bullying and domination will ultimately lead to isolation.
  • China backs Latin America and the Caribbean in strengthening their role in global multilateral institutions.
  • Beijing remains committed to mutual support with Latin American countries on key issues tied to their core interests and major priorities.
  • China aims to expand collaboration with the region across sectors including infrastructure, agriculture, food security, energy, and mineral resources.
  • China to offer 66 billion yuan credit line to support Latin America and Caribbean countries.

Date

Created

 : 2025.05.13

Update

Last updated

 : 2025.05.13

Related articles


Show more

FXStreet

Financial media

arrow
FXStreet

FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.

Was this article helpful?

We hope you find this article useful. Any comments or suggestions will be greatly appreciated.  
We are also looking for writers with extensive experience in forex and crypto to join us.

please contact us at [email protected].

Thank you for your feedback.
Thank you for your feedback.

Most viewed

China's Foreign Ministry says fentanyl issue is not their responsibility

When asked on Tuesday whether fentanyl would be discussed in trade talks moving forward, China's Foreign Ministry stated that the fentanyl issue is a US issue and not their responsibility.
New
update2025.05.13 16:07

EUR/INR today: Indian Rupee cross rates edge higher at the start of the European session

ndian Rupee (INR) crosses trade on the front foot at the beginning of Tuesday, according to FXStreet data. The Euro (EUR) to the Indian Rupee changes hands at 94.38, with the EUR/INR pair rising from its previous close at 94.11.
New
update2025.05.13 16:02

US Dollar Index Price Forecast: Outlook remains bearish, key support level emerges near 100.00

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, retreats from its highest level since April 10 to 101.60 during the early European trading hours on Tuesday.
New
update2025.05.13 15:47

US Treausry Sec. Bessent: Talks in Geneva with China resulted in a mechanism to avoid escalation

US Treasury Secretary Scott Bessent said on Tuesday that "talks in Geneva with China resulted in a mechanism to avoid escalation."
New
update2025.05.13 15:37

Palladium price today: Rare metals advance at the start of the European session

Platinum Group Metals (PGMs) trade with a positive tone at the beginning of Tuesday, according to FXStreet data. Palladium (XPD) changes hands at $951.00 a troy ounce, with the XPD/USD pair advancing from its previous close at $949.90.
New
update2025.05.13 15:33

UK Unemployment Rate ticks up to 4.5% in the quarter to March, as expected

The United Kingdom's (UK) ILO Unemployment Rate edged higher to 4.5% in the three months to March after reporting 4.4% in the quarter to February, data published by the Office for National Statistics (ONS) showed on Tuesday. The market forecast was for a 4.5% reading in the reported period.
New
update2025.05.13 15:17

Crude Oil price today: WTI price bearish at European opening

West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $61.53 per barrel, down from Monday's close at $61.60.
New
update2025.05.13 15:03

ECB to stand by past stimulus policies in strategy review - Reuters

Several European Central Bank (ECB) policymakers told Reuters on Tuesday that the "ECB review will largely endorse past policies, including quantitative easing (QE), despite some policymakers' criticisms."
New
update2025.05.13 14:39

US will cut "de minimis" tariffs on China shipments from 120% to 54%

Citing a White House executive order, Reuters reported on Tuesday that the US will cut "de minimis" tariffs on China shipments from 120% to 54%, with a minimum flat fee of $100 to remain.
New
update2025.05.13 14:33

USD/CHF drops below 0.8450 as US Dollar struggles ahead of inflation data

USD/CHF retreats after posting more than 2% gains in the previous session, trading around 0.8430 during the Asian hours on Tuesday. The pullback comes as the US Dollar (USD) softens, possibly due to a technical correction.
New
update2025.05.13 14:25

Disclaimer:arw

All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.

The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.

  • Facebook
  • Twitter
  • LINE

Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy

I agree
share
Share
Cancel