China criticizes U.S. tariff hike on steel and aluminum
Reuters
China has condemned the U.S. decision to reinstate and increase tariffs on steel and aluminum imports, calling it a unilateral and protectionist move.
Speaking on Thursday, Chinese Commerce Ministry spokesperson He Yongqian said the decision disregards global opposition and violates World Trade Organization (WTO) rules. “The WTO ruled in 2022 that these tariffs were unlawful, yet the U.S. has not only maintained them but also raised duties on aluminum products,” she said.
China urged the U.S. to abandon its “zero-sum mentality” and return to fair trade practices, warning that the move will disrupt global supply chains and undermine the multilateral trading system.
11:36
US, China to hold ice-breaker trade talks in Geneva on Saturday
U.S. Treasury Secretary Scott Bessent and chief trade negotiator Jamieson Greer will meet China's economic tsar He Lifeng in Switzerland this weekend for talks that could be the first step toward resolving a trade war disrupting the global economy.
11:28
World news
China expresses concern over India-Pakistan tensions
China has voiced concern over escalating tensions between India and Pakistan following a reported military operation by India, calling for restraint and a commitment to regional peace.
03:02
USA - China
US officials will meet with Chinese counterparts amid trade war
Top U.S. officials are set to meet with a high-level Chinese delegation this weekend in Switzerland, the administration announced Tuesday.
19:30
Global debt hits record of over $324 trillion, says IIF
Global debt rose by around $7.5 trillion in the first three months of the year to hit a record high of over $324 trillion, data from a banking trade group showed on Tuesday.
What is your opinion on this topic?
Leave the first comment