tariff hike against China: Intl responseses on Friday

The United States on Friday raised tariffs on $200 billion worth of Chinese imports from 10 percent to 25 percent.

Here is a collection of comments on the tariff hike from analysts and business professionals from around the world.

Rene Pastor, foreign editor, China Daily

Global trade is not a zero-sum game of who gets the most benefits. The decision by President Donald Trump to up the ante in a tra

de dispute by slapping tariffs invites retaliation, as China has threatened to do, and damages a global tra

ding system that in all honesty has lifted all boats in the decades following World War II.

Countries should resist the temptation to treat global trade as purely the aren

a of winners and losers. The idea is to keep talking with the full knowledge that any co

untry, any trading power, will win some and lose some in those negotiations. The consequences and less

ons of history are clear when trade degenerates into a winner-take-all mentality, as was the case during the tim

e of the Great Depression in the 1920s. Everybody lost. We just cannot afford a repeat of that episode in our history.

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