Spokesman reiterates China's position on US-waged tariff war

A tariff war or a trade war would benefit no one, said Foreign Ministry spokesman Guo Jiakun at a press briefing in Beijing on Friday.

U.S. President Donald Trump signed an executive order on Thursday further increasing tariff rates on 69 trading partners. The order imposes "additional ad valorem duties on goods of certain trading partners," with most of the new tariff rates range from 10 percent to 40 percent.

Guo reiterated China's position on the U.S.-waged tariff war in response to a media query on this act of the U.S. government.

"China's position on tariffs is consistent and clear. There are no winners in tariff wars or trade wars. Protectionism undermines everyone's interests," said Guo.

Spokesman reiterates China's position on US-waged tariff war

Spokesman reiterates China's position on US-waged tariff war

Spokesman reiterates China's position on US-waged tariff war

Spokesman reiterates China's position on US-waged tariff war

Spokesman reiterates China's position on US-waged tariff war

Spokesman reiterates China's position on US-waged tariff war

The multilateral system is "under attack" amid global turmoil, President of the 80th UN General Assembly Annalena Baerbock warned in her remarks on Wednesday.

In her briefing on the priorities for the resumed 80th Session of the General Assembly, the UNGA president noted that the current multilateral system does not collapse all in a sudden, but "crumbles piece by piece" in divisions, compromises, and lack of political commitment.

The president called all the UN member states to defend the UN Charter and international law and promote cross-regional cooperation.

She also urged to push forward the work of the UNGA on certain critical issues with a strong majority, rather than an absolute consensus among all member states. Such act is not a failure of multilateralism, but "an affirmation of it," she said.

The foundational principles of the institution should not be eroded by appeasement, she said, calling the member states to show courage, leadership, and responsibility at the UN's "critical make-or-break moment."

"The UN needs you. Your support, your leadership, your principle, stand, your cross-regional cooperation, if we are to preserve and modernize this institution, if we are to make it, rather than break it," she said.

UNGA President warns global multilateral system "under attack"

UNGA President warns global multilateral system "under attack"