China and Brazil Unite Against Tariff Wars and Protectionism

No Winners in Tariff Wars

• 🇨🇳 President Xi Jinping states that China and Brazil believe there is no winner in a tariff war.
• 💡 He asserts that protectionism is not the correct answer to global challenges.

Upholding Free Trade

• 🤝 China and Brazil will jointly uphold free trade principles and the multilateral trading system.
• 🌍 They aim to foster an open, inclusive, and non-discriminatory international cooperation environment.
• 🚀 This collaboration is intended to maintain the momentum of global economic growth.

Global Instability and Unilateralism

• 🌐 The world has become more unpredictable, unstable, and fragmented.
• 🗣️ China and Brazil are determined to unite their voices against unilateralism and protectionism.
• ✊ The uncompromising defense of multilateralism is described as an urgent and necessary task.