Tuesday, 02 January 2024 12:17 GMT

China Opposes US Tariff Strains


(MENAFN) China expressed strong opposition on Monday to any agreements between the US and its trade partners that could undermine Chinese interests amidst a series of tariff actions.

A spokesperson from the Ministry of Commerce made it clear that if such an arrangement were to occur, China would not accept it and would take firm and appropriate countermeasures.

The comments came in response to reports suggesting that the US is preparing to exert pressure on other nations to limit their trade relationships with China in exchange for tariff exemptions, based on a news agency.

A White House fact sheet released the previous week revealed that Chinese exports to the US are now subject to tariffs as high as 245 percent.

The spokesperson also emphasized that China is determined and capable of defending its legitimate rights and interests.

"Under the guise of so-called 'reciprocity,' the United States has been recently arbitrarily imposing tariffs on all its trading partners while pressuring them to engage in so-called reciprocal tariff negotiations," the spokesperson said.

"This is essentially using the banner of 'reciprocity' as a pretext to pursue hegemonic politics and unilateral bullying in the field of international economy and trade."

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