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the united states raises tariffs on some chinese products: the ministry of commerce says it seriously undermines the international trade order

2024-09-18

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on the 14th, according to information on the ministry of commerce website, the ministry of commerce spokesperson made a statement on the us's final measure to increase some 301 tariffs on china, expressing china's strong dissatisfaction and resolute opposition to this.

the spokesperson of the ministry of commerce said that china has lodged solemn representations to the us on the issue of section 301 tariffs on many occasions. the wto has already ruled that section 301 tariffs violate wto rules. instead of correcting the situation, the us has further increased tariffs on china, which is a mistake upon a mistake.

information on the ccpit website shows that a spokesperson for the china council for the promotion of international trade said that the final revision results announced by the office of the united states trade representative not only did not reduce the additional tariff rates on electric vehicles, lithium batteries, photovoltaic cells, key minerals, semiconductors, steel and aluminum, port cranes, personal protective equipment and other products imported from china, but also increased the additional tariff rates on products such as masks, medical gloves, needles and syringes again, and proposed to include tungsten, wafers and polysilicon products in the scope of additional tariff products.

the u.s.-china business council (uscbc) said in a statement that these additional tariffs, like the current tariffs, will harm american businesses, consumers and the overall economy.

the uscbc said tariffs have made it more difficult for u.s. companies to compete both at home and abroad, leading to lost u.s. jobs and higher prices for consumers.

the costs are ultimately borne by american businesses and consumers

a spokesperson for the ministry of commerce said that the us 301 tariff measures are typical unilateralism and protectionism, which not only seriously undermines the international trade order and the security and stability of the global industrial chain and supply chain, but also fails to solve its own trade deficit and industrial competitiveness problems. it also pushes up the prices of us imported goods, and the costs are ultimately borne by us companies and consumers.