At the press conference on March 7, 2025, Member of the Political Bureau of the CPC Central Committee and Foreign Minister Wang Yi stated China’s position on tariffs.

Wang Yi said, as the Chinese saying goes, “If one’s action fails, look for the reason within oneself.” The United States should first go over what has actually happened: What has it achieved from tariff and trade wars these years? Has its trade deficit widened or narrowed? Has its manufacturing become more competitive or less competitive? Has U.S. inflation gone up or down? Has the life of its people got better or worse? China-U.S. business relations are based on two-way and reciprocal interactions. Cooperation will bring about mutual benefit and win-win, and China will definitely take countermeasures in response to arbitrary pressure.