The spokesperson of the Ministry of Commerce issued a statement on the US announcement that it would impose a 10% tariff on China's products exported to the United States."
On February 2, at about 8 pm Eastern Time on February 1, the White House issued a list of facts, announcing a 10% tariff on China products exported to the United States on the grounds of fentanyl and other issues. China is strongly dissatisfied with this and firmly opposes it. The unilateral imposition of tariffs by the United States seriously violates WTO rules. It is not only not conducive to solving its own problems, but also undermines normal economic and trade cooperation between China and the United States. China will file a lawsuit with the WTO for the wrong practices of the United States and will take corresponding countermeasures to firmly safeguard its rights and interests. (Ministry of Commerce website)
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.