Pakistan, July 15 -- BEIJING - China has issued a strong statement against trade wars after US President Donald Trump warned of sanctions on countries buying Russian exports if Moscow fails to reach a peace deal within 50 days.

Chinese Foreign Ministry spokesperson Lin Jian said on Tuesday that "there are no winners in trade wars," adding that pressure tactics and coercion will not help resolve global conflicts. He urged all parties to focus on diplomacy and build conditions for a peaceful solution to the Ukraine crisis.

While the Kremlin has not yet officially responded to Trump's statement, it did say on Monday that the US continues to fuel the conflict by supplying weapons and ammunition to Ukraine. Trump told the BBC that he still b...