China’s commerce ministry spokesperson, He Yongqian, has strongly urged the United States on Thursday February 13, to abandon its ‘zero sum mentality’ after U.S President Donald Trump has increased tariffs on steel and aluminium imports from 10% to 25% this week.
The spokesperson called the move “typical unilateralist and protectionist" and urged the U.S. to "reconsider its course of action”.
#china #us #tradewar #tariffs
The spokesperson called the move “typical unilateralist and protectionist" and urged the U.S. to "reconsider its course of action”.
#china #us #tradewar #tariffs
Category
🗞
NewsTranscript
00:00China noted that the US government announced on Feb. 10 that it would adjust the import tariffs on steel and aluminum,
00:09restore the 232 steel and aluminum tariffs on global trading partners, and further increase the import tariffs on aluminum products.
00:18The US approach is a typical unilateralist, protectionist behavior.
00:24Many countries have clearly expressed their opposition.
00:29There is also a strong voice of opposition in the United States.
00:33In fact, the Trade Organization Expert Group has already ruled in 2022 that the US 232 tariff measures violate trade rules.
00:46But the US not only retains the original 232 steel and aluminum tariffs, but also further increases the tariff on aluminum products,
00:55seriously undermines the rights and interests of all countries,
00:58seriously undermines the multilateral trade system based on rules,
01:03and impacts the global supply chain.
01:07China urges the US to think together to correct its wrongdoings and return to the correct track of the multilateral trade system,
01:18and to solve each other's concerns through equal trade with other countries.