China Hits Back at Trump’s Trade War Threats During Biden Debate

A Chinese official has told Newsweek that the United States would not emerge victorious in a bilateral trade war after former president and current Republican candidate Donald Trump talked tough on Beijing in his debate with President Joe Biden. “On China-U.S. trade, I want to stress that China-U.S. economic and trade cooperation is mutually beneficial in nature,” Liu Pengyu, spokesperson for the Chinese Embassy to the United States, told Newsweek. “No one will win a trade war or a tariff war.” “Arbitrarily placing curbs or adopting protectionism will only disrupt normal trade flows and the stability of the production and…