Bangladesh, April 21 -- In a pointed and symbolic speech in Washington, Chinas ambassador to the United States, Xie Feng, warned that escalating tariffs on Chinese goods risk repeating the economic catastrophes of the past, drawing a direct comparison to the infamous Smoot-Hawley Tariff Act that deepened the Great Depression of the 1930s. His remarks, delivered at a Traditional Chinese Medicine (TCM) event on April 19, underscore Beijings growing concern with the rising trade hostilities and the potential global consequences of Americas protectionist policies.
Amid the intensifying US-China trade war, Ambassador Xie invoked both historical and philosophical warnings, urging Washington to take a more balanced approach in its economic deal...
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