CCTV News: The Wumin Chamber of Commerce issued a solemn statement on the United States' measures to impose 34% "reciprocal tariffs" on China, the specific content is as follows.
On April 2, local time in the United States, the US government announced that it would impose a 34% so-called "reciprocal tariff" on China. The China Minmetals Chemical Import and Export Chamber of Commerce hereby declared solemnly that it strongly opposed the United States' unilateral imposition of import tariffs on the grounds of "reciprocity". This practice of the United States seriously violates WTO rules, seriously damages the legitimate rights and interests of WTO members, seriously undermines the rules-based multilateral trading system and international economic and trade order, and will cause substantial harm to normal economic and trade cooperation between China and the United States, and have an adverse impact on American people's consumption and the global economy.
For a long time, the United States has been an important trading partner in our mineral chemical industry. The two sides have a good foundation for economic and trade cooperation and have close exchanges and interactions in the industry. The combined tariffs will further increase corporate costs, push up the import costs of US importers and consumer costs, aggravate domestic inflation, and increase the possibility of a US economic recession. There is no winner in the trade war, and the repeated imposition of tariffs will be harmful to the development of the US economy without any benefit, and it cannot solve the US's own problems.
The Wumin Chamber of Commerce firmly supports the Chinese government in taking all necessary economic countermeasures and hereby strongly calls on the US government to immediately cancel unilateral tariff measures. The Chinese and American industries should strengthen mutually beneficial cooperation, move towards each other, deepen cooperation in the industrial chain and supply chain, and jointly maintain a healthy and sustainable global trade order.
Facing with the current complex and changing international situation, the Wumin Chamber of Commerce calls on all members of the Chamber of Commerce to unite with colleagues in the global Wumin Chemical Industry Industry Industry to jointly oppose the US unilateral trade bullying practices and work together to deal with the negative impact of the trade war. The Wumin Chamber of Commerce will strive to provide high-quality services and support to industry enterprises and promote the sustained and healthy development of foreign trade in Wumin chemical industry.
