Shu Jueting, spokesperson from China's Ministry of Commerce, said on Thursday that given the global phenomenon of surging inflation, the US' canceling of additional punitive tariffs on Chinese goods will meet the fundamental interests of enterprises and residents in the US, and will benefit both countries, and the whole world.

Shu's remark came in response to Biden administration's weighing a move to cancel additional tariff imposed on some goods imported from China which was imposed by former US president Donald Trump.

She noted that economic and trade teams of China and US are maintaining normal communication now.

Spokesperson from China's Ministry of Foreign Ministry Zhao Lijian made a similar comment on the same topic, stating that there is no winner in the US-launched trade war, and that the trade conflict has harmed the world.

Global Times