China’s President Xi Jinping criticized the Trump administration’s tariffs and called for the protection of “the multilateral trading system,” on Monday, as President Donald Trump signaled that the exemptions put in place for tariffs on electronic devices—which have spurred a recovery in the stock market—will be short-lived.Vietnam's Communist Party General Secretary To Lam (L) and China's President Xi Jinping shake hands as they view copies of agreements signed between China and Vietnam following their meeting at the Office of the Party Central Committee in Hanoi on April 14, 2025. Chinese leader Xi Jinping warned that protectionism "leads nowhere" and that a trade war would have "no winners", state media said, as he arrived in Vietnam on April 14 on the first leg of a Southeast Asia tour.(Photo by NHAC NGUYEN / POOL / AFP)
