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US-China Trade Tensions Escalate: Commerce Ministry Responds to Latest Tariff Hike

September 14, 2024 Catherine Williams - Chief Editor News

Ministry‌ of Commerce Spokesperson’s Remarks⁤ on the US’s Final Measures to‍ Increase Some Section 301 Tariffs on⁣ China

On September 13, U.S. time, the Office of the U.S. Trade Representative‍ issued a notice on the final measures of‍ the 301 ⁤tariffs ‌on‍ China, ⁤announcing ​that the 301‌ tariffs ⁣on some⁤ Chinese goods ⁤will be increased. China is strongly dissatisfied with this⁣ and ⁣firmly‍ opposes it.

China ‍has lodged⁢ solemn representations with ⁢the United States on the Section 301 tariff ‌issue on many ‍occasions. The WTO has long‌ ruled that the⁣ Section 301 tariff ‌violates WTO ⁣rules.​ Instead of correcting the situation, the United States ‌has further ⁢increased tariffs ​on​ China, which is a ⁢mistake on top of a mistake. The Section 301 tariff measures of ⁢the United​ States are typical unilateralism‍ and⁤ protectionism.

These ⁢measures not ​only seriously undermine the⁤ international trade order and the security and stability of the global industrial ‌chain and supply chain, but ⁣also fail to solve its own trade deficit and ⁣industrial⁤ competitiveness⁢ problems.⁢ They⁣ also push up the prices of ⁢imported goods from ⁤the United ‍States, and ​the costs are ultimately borne ⁢by American ⁣companies ⁣and consumers.

China’s latest “Report‍ on‍ the‌ Implementation of WTO Rules and⁣ Obligations ⁢by the ⁢United States” points out that ‌the ‌United States is a “disruptor‍ of the global industrial chain and supply chain”, and once again expresses serious ⁤concern ‍about the ​United ⁣States’ abuse⁤ of⁢ the “Section ⁤301”.

Earlier, the Office of the United States ​Trade Representative solicited⁢ public comments on the results of the tariff review. Most opinions​ opposed ⁣the imposition of tariffs⁢ or requested⁤ the expansion ‍of tariff exemptions, ​which shows that the 301 tariffs⁢ on China are ⁣unpopular. ‌The​ United⁢ States should immediately correct its wrong practices and cancel⁣ all tariffs on China.

China will take necessary measures to resolutely‌ defend the interests ‍of Chinese companies.

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