Chinese Ministry of Commerce spokesperson Gao Feng said today that the “final goal” of US-China trade negotiation is to “end the trade war and cancel all additional tariffs”. He added, “this would benefit China, the U.S. and the whole world. We hope that both sides will continue to work together, advance negotiations, and reach a phased agreement as soon as possible.”
Also, Gao admitted that “Since this year, under the effect of China-US trade frictions, trade and investment between the U.S. and China have fallen”. “This fully demonstrates that trade wars have no winners”, he added.