<div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>China's leader Xi Jinping said no one wins in a trade war as he kicked off a diplomatic tour of South-East Asia , presenting China as a force for stability in contrast with US President Donald Trump's latest moves on tariffs,</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Although Trump has paused some tariffs, he has kept in place 145 per cent duties on China, the world's second-largest economy.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"There are no winners in a trade war, or a tariff war," Xi wrote in an editorial jointly published in Vietnamese and Chinese official media.</span></div></div><div><div id="adspot-mobile-medium"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>READ MORE:</span></strong><span> </span><a href="https://www.9news.com.au/world/donald-trump-updates-us-president-goes-with-his-gut-and-the-world-goes-along-for-the-ride/8cf15663-2818-4277-81ab-cc4b73366347" rel="" target="_blank" title=" Trump goes with his gut and the world goes along for the ride"><strong><span>Trump goes with his gut and the world goes along for the ride</span></strong></a></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"Our two countries should resolutely safeguard the multilateral trading system, stable global industrial and supply chains, and open and cooperative international environment."</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Xi's visit lets China show South-East Asia it is a "responsible superpower in the way that contrasts with the way the US under President Donald Trump presents to the whole world," said Nguyen Khac Giang, a visiting fellow at Singapore's ISEAS–Yusof Ishak Institute.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>While Trump has said he respects Xi, he interpreted the meeting between the two Asian leaders as a sign they were attempting to put the US at a disadvantage on trade.</span></div></div><div><div class="OUTBRAIN" data-reactroot="" data-src="//www.9news.com.au/world/china-president-xi-jinping-says-no-winners-in-tariff-wars/8b912e6e-ef1f-4d6e-91d7-e22300bbd88a" data-widget-id="AR_5"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Talking to reporters in the Oval Office, Trump said China and Vietnam were trying "to figure out how do we screw the United States of America."</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span> </span><strong><span>READ MORE:</span></strong><span> </span><a href="https://www.9news.com.au/world/russia-ukraine-update-more-people-killed-in-russian-missile-attack-on-ukrainian-city-of-sumy/f9be444b-4185-4f73-b9a0-7f0129879395"><strong><span>'Filthy scum': Missile strike kills on holy day</span></strong></a></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Xi was greeted on the tarmac by Vietnam's President Luong Cuong at the start of his two-day visit, a mark of honour not often given to visitors, said Nguyen Thanh Trung, a professor of Vietnamese studies at Fulbright University Vietnam.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>While Xi's trip likely was planned earlier, it has become significant because of the tariff fight between China and the US. </span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The visit offers a path for Beijing to shore up its alliances and find solutions for the high trade barrier that the US has imposed on Chinese exports.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Vietnam and China signed a series of memorandums in areas including strengthening cooperation in supply chains, rail development and environmental protection, according to Associated Press footage of the signed documents.</span></div></div><div class="styles__Wrapper-sc-2o34ro-0 cmwkBV"><div class="styles__Column-sc-2o34ro-3 jJDKrX"><a href="/content/2025/04/09/08/16/donald-trump-tariffs-panic-on-wall-street-in-pictures-stock-exchange"><img alt="" sizes="(min-width: 1024px) 636px, (min-width: 768px) 396px, 100vw" src="https://imageresizer.static9.net.au/WUnaHpArkMjnIa_du10ehjvRpFU=/396x223/https%3A%2F%2Fprod.static9.net.au%2Ffs%2F0b3e528b-2d17-4776-8577-936747dee90a" srcset="https://imageresizer.static9.net.au/WUnaHpArkMjnIa_du10ehjvRpFU=/396x223/https%3A%2F%2Fprod.static9.net.au%2Ffs%2F0b3e528b-2d17-4776-8577-936747dee90a 396w, https://imageresizer.static9.net.au/1THpTRPq6O8a2i75a9FC8_BGrOs=/636x358/https%3A%2F%2Fprod.static9.net.au%2Ffs%2F0b3e528b-2d17-4776-8577-936747dee90a 636w"/></a></div><div class="styles__Column-sc-2o34ro-3 jJDKrX"><div class="styles__Headline-sc-2o34ro-4 hpbOlz">Panic on Wall Street as Trump announces new tariffs</div><div class="styles__Button-sc-2o34ro-1 eBjlmW"><a class="styles__ButtonLink-sc-2o34ro-2 hqpklJ" href="/content/2025/04/09/08/16/donald-trump-tariffs-panic-on-wall-street-in-pictures-stock-exchange">View Gallery</a></div></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Nhan Dan, the official mouthpiece of Vietnam's Communist Party, said that China and Vietnam will speed up a $US8 billion railway project connecting the two countries in a deal that was approved in February.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Vietnam is experienced at balancing its relations with the US and China. </span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>It is run under a communist, one-party system like China but has had a strong relationship with the US.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>In 2023, it was the only country that received both the US president Joe Biden and China's Xi Jinping. </span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>That year it also upgraded the US to its highest diplomatic level, the same as China and Russia.</span></div></div>