Xi tells Trump at Beijing summit that trade wars have no winners

Chinese President Xi Jinping told U.S. President Donald Trump during a summit in Beijing today that it has been repeatedly proven that there are no winners in a trade war. The meeting was held at the Great Hall of the People while Trump is on a state visit to the country. Xi stated that the essence of the U.S.-China economic and trade relationship is mutual benefit and that equal negotiation is the only correct choice for resolving disagreements and friction. He noted that the economic and trade teams from both nations had achieved broadly balanced and positive results yesterday, calling the outcome good news for the people of both countries and the entire world. Xi also stressed the need to jointly maintain the current positive momentum.