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VIVA – boss e-commerce Alibaba, Jack Ma, calls the trade war between the United States and China stupid. "The trade war is the most stupid thing in the world," said Jack Ma on Monday, November 5, 2018 at the Shanghai International Import Expo, quoted in the page. The weather.
According to Jack Ma, the purpose of trade must be to foster peace and communication. It does not lead to conflict and protectionism in the wrong direction. "Nothing can stop free trade," he said.
Jack Ma's remarks were made just hours after Chinese President Xi Jinping met with Trump. Jack Ma condemned the notion of joining "Winner Takes All" (Winner takes everything) in the scheme of international trade.
Previously, the United States and China had imposed fairly high tariffs on the export sector this year. The US government has accused China of stealing US intellectual property and forcing US companies to "render" valuable technologies.
In addition, the President of the United States, Donald Trump, has also repeatedly complained about the $ 375 billion trade deficit of his country's goods with China. Donald Trump has lobbied Asian countries to take back the $ 423 billion trade surplus with the world.
The Chinese government has organized the International Import Expo to promote the country as an import market from other countries. Investors hope that a planned meeting between Trump and Xi at the G20 summit in Argentina later this month will help ease trade tensions.
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