WASHINGTON, November 26. /TASS/. China believes that neither side can win the trade war, embassy spokesman Liu Pengyu told TASS.

Commenting on US President-elect Donald Trump's remarks about his intention to impose additional tariffs on Chinese goods due to the fact that the US allegedly receives large-scale drug smuggling from China, the spokesman said: "About the issue of US tariffs on China, China believes that China-US economic and trade cooperation is mutually beneficial in nature. No one will win a trade war or a tariff war."

"Carrying out counternarcotics cooperation is one of the important common understandings reached between President Xi [Jinping] and US President [Joe] Biden during their meeting in San Francisco in 2023. The counternarcotics authorities of China and the US have resumed regular communication since the San Francisco Summit. The Chinese side has notified the US side of the progress made in US-related law enforcement operations against narcotics," the Chinese diplomat added.

"China has responded to US request for verifying clues on certain cases and taken action. All these prove that the idea of China knowingly allowing fentanyl precursors to flow into the United States runs completely counter to facts and reality," Liu Pengyu emphasized.

Earlier, Trump promised to impose an additional 10% tariff on all goods from China due to the alleged large-scale drug smuggling from China into the US.