Beijing: China will impose additional taxes on some US products, which begins February 10, and the country has filed a lawsuit with the WTO against the US tariff Hax, which is in force on February 4.
Since starting from February 10, additional revenue, including 15 % tariffs on imported coal and automobiles with US and crude oil, agricultural machinery, large migration and pickup trucks, are subject to additional revenue 10 % additional revenue. Will State Council tariff commission on Tuesday.
On February 1, 2025, the US government announced 10 % of the revenue on all goods imported from China, citing issues related to fantasy and other concerns. According to the State Council’s Customs tariff commission, it is seriously violated by the WTO rules by the United States, and not only fails to solve its own problems, but also common between China and the United States. Economic and trade cooperation is also offended.
On Tuesday, the Chinese Ministry of Commerce (MOFCom) said that the United States announced its legitimate rights with the WTO dispute settlement procedure after announcing a 10 % additional tax on Chinese goods. And has filed a lawsuit to defend interests.
A spokesman for the ministry said that the increase in US tariffs on Chinese exports seriously violates the WTO rules, they are malicious in nature, and is a special example of unilateral and trade protection.
The United States has repeatedly overcome unilaterality, which has strongly condemned the majority of the WTO members. Being a strong supporter and key assistant in the multilateral trade system, China’s second W. to resolve the challenges facing unilateral and trade protectionism to ensure the systematic and stable development of international trade, China’s second W. Ready to work with TO members. More noted.
The Chinese Ministry of Foreign Affairs issued a statement on Sunday, stating that China strongly oppose and oppose the increase in US tariffs and will take necessary retaliation to defend its legitimate rights and interests.
China has taken necessary retaliation in accordance with relevant laws and regulations and basic principles of international law, which are fully legitimate and reasonable, a spokesman for the Chinese Embassy in the United States said in a statement on Tuesday that the US tariff move was over. Is The China-US is the basis of economic and trade cooperation, and it is committed to affecting and damaging future counterterrorism between the two sides.
Zhou told the media on Tuesday that some of the United States’ relatively exported competitive exports, such as energy and machinery, will affect the performance of US companies, as revenue affect their market share in China. Will
China’s response to China’s response is to work as a reminder for US policy makers, and it is hoped that they can be better considered to consider the negative effects of their prices.
Ho Kimo, Deputy Secretary General of the Digital Real Economics Integration Forum 50, told the media on Tuesday that the US ‘imposing additional taxes’ for the global industrial and supply chain was obliged to create short -term shocks with its incentive prices. It is, which gives inflation. Pressure for the United States.
In addition to two reactions to the increase in US tariffs on Chinese products, China also announced three steps directly or indirectly with US companies on Tuesday.
According to an announcement published on the MoF work website, the General Administration of MOF Commodity and Customs announced export controls on Tingston and other related items, including 25 rare metal products and their technologies. Export controls, including the Immunium Pyrting State, which is effective on Tuesday, is effective on Tuesday, which is effective on Tuesday.
The MOFC also announced on Tuesday that it had added two US companies, PVH group and Alumina Ink to the country’s incredible entity list.
The ministry announced that the two entities violated the trade principles of the general market and eliminated regular trade with Chinese companies, and adopted discrimination against Chinese companies, and the legitimate rights and interests of Chinese companies. He added that the move is aimed at protecting national sovereignty. , Security and development interests.
The market regulation for the state administration of China on Tuesday has been asked to launch an investigation from Google to violate the country’s anti -monopoly law, and said that the investigation was in accordance with the law. Started.
An independent analyst, Woo Chinhui, who closely follows the major mineral industry, told the media on Tuesday that exports exported to rare metals could potentially affect US high -tech and defense industries, which imports Reduce a lot of time. “It has highlighted the Chinese government’s tool cut resources in response to the United States’s unilateral move,” said Wu.
Huo Jiango, Vice Chairman of the China Society for World Trade Organization Studies in Beijing, told the media on Tuesday that imposing additional taxes on Chinese goods would not help the United States to resolve its issues, including the Fanthenel crisis. Hua said such issues can be resolved only through dialogue and cooperation.
Analysts have warned that US clear unilateral and protectionism will only harm global trade and global economic growth.
“Such non -checking measures will only lead to global economic growth and trade destruction,” Huo said.
Zhou said that instead of running a tariff stick, there are various alternatives to solve the problems related to fantasy, while dialogue and cooperation can have better results to deal with the fantasy problem.
