--- title: "Trump claims that the likelihood of reaching a trade agreement with China is very high, Ministry of Foreign Affairs: There are no winners in a trade war or tariff war" type: "News" locale: "en" url: "https://longbridge.com/en/news/228977487.md" description: "Trump stated that the likelihood of reaching a trade agreement with China is high. Foreign Ministry spokesperson Guo Jiaqun responded that there are no winners in a trade war and tariff war, which harm the interests of people in all countries. China opposes the unilateral imposition of tariffs by the United States and emphasizes that issues should be resolved through equal dialogue, and will continue to safeguard its own rights and interests" datetime: "2025-02-20T07:31:55.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/228977487.md) - [en](https://longbridge.com/en/news/228977487.md) - [zh-HK](https://longbridge.com/zh-HK/news/228977487.md) --- # Trump claims that the likelihood of reaching a trade agreement with China is very high, Ministry of Foreign Affairs: There are no winners in a trade war or tariff war On February 20th, Foreign Ministry spokesperson Guo Jiaqun hosted a regular press conference. A reporter from AFP asked about U.S. President Trump's statement that he believes there is a high likelihood of reaching a trade agreement with China. What is China's response? Has there been any progress in reaching an agreement? Guo Jiaqun stated that China has repeatedly clarified its position on China-U.S. economic and trade issues, emphasizing that there are no winners in a trade war or tariff war, and it harms the interests of people in all countries. "We firmly oppose the U.S. unilateral imposition of tariffs, and both sides should resolve their respective concerns through dialogue and consultation based on equality and mutual respect. China will continue to take necessary measures to firmly safeguard its legitimate rights and interests." (The Paper) ### Related Stocks - [DJT.US](https://longbridge.com/en/quote/DJT.US.md) - [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [TQQQ.US](https://longbridge.com/en/quote/TQQQ.US.md) - [SQQQ.US](https://longbridge.com/en/quote/SQQQ.US.md) - [QQQ.US](https://longbridge.com/en/quote/QQQ.US.md) - [YINN.US](https://longbridge.com/en/quote/YINN.US.md) - [YANG.US](https://longbridge.com/en/quote/YANG.US.md) ## Related News & Research - [We're Precisely 1 Month Away From a Historic Shake-Up at the Federal Reserve -- and Wall Street Isn't Ready for It](https://longbridge.com/en/news/282808954.md) - [How Bank of America Is Trading The Market's Left And Right Tails](https://longbridge.com/en/news/282772342.md) - [Trump threatens to fire Powell if he doesn't leave Fed board; probe to continue](https://longbridge.com/en/news/282854511.md) - [What's Going On With Sandisk Shares on Monday?](https://longbridge.com/en/news/282538178.md) - [Futures Pointing To Modestly Higher Open On Wall Street](https://longbridge.com/en/news/283005631.md)