On April 10th, the People’s Daily reported that the State Council Information Office of China released a white paper titled “China’s Position on Several Issues Concerning China US Economic and Trade Relations” on April 9th, clarifying the facts of China US economic and trade relations and systematically explaining China’s policy stance on relevant issues. The white paper demonstrates through numerous facts that the essence of China US economic and trade relations is mutual benefit and win-win outcomes. The United States has repeatedly introduced unilateral tariff measures, which have damaged the development of bilateral economic and trade relations and harmed others without benefiting oneself. The United States’ unilateralism and protectionism continue to rise, repeatedly imposing unilateral tariff measures on China, seriously disrupting normal cooperation between the two countries. Upon careful review, what has the US gained from these years of tariff and trade wars? Has the overall trade deficit widened or narrowed? Has the competitiveness of the manufacturing industry increased or decreased? Has inflation improved or worsened? Has the people’s lives improved or deteriorated? The US should have a clear answer. There is no winner in the trade war. China is unwilling to fight a trade war, but the Chinese government will never allow the legitimate rights and interests of the Chinese people to be damaged and deprived, and will continue to take strong countermeasures against the US economic hegemony. The Chinese side always believes that it is normal for differences and frictions to arise between China and the United States in economic and trade cooperation. The key is to respect each other’s core interests and major concerns, and resolve differences properly through equal dialogue. The United States should move in the same direction as China, immediately lift unilateral tariff measures, strengthen dialogue, manage differences, promote cooperation, and jointly promote stable, healthy, and sustainable development of China US economic and trade relations.
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