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There are no winners in trade wars. President of China

Chinese President Xi Jinping called on the US to regulate bilateral relations and avoid a trade war, TASS reports. "Tariff, trade, scientific and technological wars are contrary to historical trends and economic patterns. there will be no winners," the Chinese president said.

Xi Jinping expressed hope that the United States will work with China to steer bilateral relations toward "stable, healthy development." He added that Beijing, for its part, is ready to maintain dialogue with Washington, expand cooperation and "keep differences under control".