CCTV News: The spokesperson of the Ministry of Commerce answered reporters' questions about the "reciprocal tariffs" of some products by the US side. The specific content is as follows.
A reporter asked: The US recently announced that it would exempt "reciprocal tariffs" for some products. What is China's comment on this?
A: On April 12, Eastern Time, the US side announced a relevant memorandum to exempt "reciprocal tariffs" from some products such as computers, smartphones, semiconductor manufacturing equipment, integrated circuits, etc. China is evaluating the relevant impact.
We have noticed that this is the second adjustment to relevant policies since the US suspended the imposition of high "reciprocal tariffs" on some trading partners on April 10. It should be said that this is a small step for the US to correct its erroneous practice of "reciprocal tariffs".
The so-called "reciprocal tariff" issuing an administrative order not only violates basic economic laws and market laws, but also ignores complementary cooperation and supply and demand relations among countries. Since its launch on April 2, the "reciprocal tariff" has not only not solved any problems in the United States itself, but has seriously damaged the international economic and trade order, seriously interfered with the normal production and operation of enterprises and people's daily consumption, and harmed others and did not benefit oneself.
China's position on China-US economic and trade relations is consistent. There is no winner in the trade war, and there is no way out for protectionism. There is an old Chinese saying, "The person who tied the bell must be untied." We urge the US side to face up to the rational voices of the international community and all domestic parties, take a big step in correcting mistakes, completely cancel the wrong practice of "reciprocal tariffs", return to the correct path of mutual respect and resolving differences through equal dialogue.
