In Chinese president’s first public remarks since tariff dispute began, he tempers veiled warning to Donald Trump with promise to lower levies

Chinese leader Xi Jinping has issued a veiled warning to Donald Trump as the threat of a trade war with the US simmers, calling on other countries to refrain from “seeking dominance” and “reject power politics,” adding that “arrogance … will get [you] nowhere”.

The Chinese president did not directly address his country’s ongoing tit-for-tat tariff dispute with the US on Tuesday, but said that those who ignored the “trend of the times” toward openness would be “left behind and assigned to the dustbin of history”. Xi was speaking at the Boao Forum for Asia in China’s southern province of Hainan, modelled after the World Economic Forum in Davos.

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Read More Xi Jinping warns against ‘arrogance’ amid threat of trade war with US

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