Concessions to US in trade will only fuel their appetite

Concessions to US in trade will only fuel their appetite

Wang Yi made the remarks during a meeting of BRICS foreign ministers in Rio de Janeiro, according to Russian TASS news agency.

“The United States has long benefited immensely from free trade, but now they are using tariffs as leverage to impose sky-high prices on other countries. If we silently make compromises and concessions, the bully, having gained an inch, will take three miles,” the minister said, according to the website of the Chinese Ministry of Foreign Affairs.

He noted that maintaining the rules of multilateral trade is the most pressing current issue.

MNA

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