CCTV News: A spokesperson for the China Council for the Promotion of International Trade made a speech on the US’s announcement to impose 10% tariffs on Chinese products imported from the US.
On February 1, Eastern Time, the United States imposed a 10% tariff on Chinese products imported to the United States on the grounds of fentanyl and other issues. The Chinese business community expressed deep regret and firmly opposed this.
The US's unilateral tariff imposition seriously violates WTO rules and will cause a large number of American companies and consumers to pay for it, destroying the normal economic and trade cooperation between China and the United States, and impacting the stability of the global industrial chain and supply chain. There are no winners in trade wars and tariff wars. The US’s wrong approach is not conducive to solving its own problems, is not conducive to bilateral relations between China and the United States, and is not conducive to world economic development.
We strongly call on the US to correct its wrong practices immediately, move with China, strengthen cooperation with other countries, create a good international environment for mutual benefit and win-win results between the two countries and the global business community, and inject more stability and positive energy into the development of the world economy.
