Trade ‘Cooperation’ Only ‘Right Choice’ for US, China, Says Foreign Ministry
China-U.S. economic and "trade ties" are “mutually beneficial,” said a Chinese Foreign Affairs Ministry spokesperson when asked Friday about U.S. trade representative nominee Katherine Tai’s testimony at her Thursday confirmation hearing that she thinks tariffs as a legitimate tool for remedying unfair trade practices (see 2102250043). “With interests closely intertwined, China and the United States stand to gain from cooperation and lose from confrontation,” said the spokesperson.