Jack Ma’s remarks on the escalating trade war between the U.S. and China, were made at an investor conference.

On Tuesday, during an investor conference, Jack Ma, Alibaba’s co-founder and chairman said, he expects trade frictions between China and the United States to remain for 20 years and expects it to be a “a mess” for all parties concerned.

Ma’s comments come in the wake of U.S. President Donald Trump levying trade tariffs on worth Chinese exports to the U.S. worth $200 billion.

China has stated, it would retaliate to the U.S. move.

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