Who is winning the US-China trade war?

According to RIA Novosti, Jeffrey Sachs, professor of economics at Columbia University and director of the United Nations Sustainable Development Solutions Network, believes that China is winning the trade war with the United States.

"In the trade war between the US and China, Beijing is winning. China is not so dependent on the US market," expert Sachs said at the Diplomatic Forum in Antalya on April 11.

"If trading stops, everyone loses. It's not like one side wins and the other loses," the expert added.

After a series of moves in the trade war, the US's additional "reciprocal" tariffs on Chinese goods have reached 145%, and China's retaliatory tariffs on US goods are also 125%.

Meanwhile, commenting on the escalation of tensions in trade relations with China, President Donald Trump said this context would lead to a positive agreement.

"I think something positive will come out of the escalation," the US leader told reporters, adding that he has always found common ground with Chinese President Xi Jinping.

President Trump stressed that the US is in a good position, and Washington is in contact with “many countries”.

The Chinese Embassy in the United States shared with RIA Novosti the US administration's approach to trade, saying Beijing would only negotiate on the basis of equality and mutual respect, calling for an end to economic threats and pressure, and stressing that "there will be no winners in trade wars."

The White House asserted that Washington's actions cannot be evaluated in such a way.