Global EditionASIA 中文双语Français
Business
Home / Business / China US trade tensions

US tariff move violates WTO rules, damages global trade order: FM

Xinhua | Updated: 2018-07-07 13:06
Share
Share - WeChat
[Photo/VCG]

BEIJING - The United States' imposition of additional tariffs on Chinese products blatantly violates World Trade Organization (WTO) rules, and will damage global trade order, a Chinese Foreign Ministry spokesperson said Friday.

Spokesperson Lu Kang's remarks came after additional 25-percent tariffs on Chinese products worth $34 billion took effect Friday.

Moreover, it will trigger market turmoil and hamper global economic recovery, Lu told a daily news briefing.

"The move will deal a blow to many multinationals, enterprises and ordinary consumers worldwide, while various industries and the public of the United States have realized that they themselves will also suffer," said the spokesperson.

The United States recent acts of unilateralism and protectionism triggered broader fears and condemnation from the international community, as well as counter-attacks from various countries, Lu said.

Noting China has always made its best effort to promote relevant parties to understand globalization objectively and resolve trade disputes and problems rationally, Lu called on all relevant parties to work for the same goal. Any unilateral pressure is futile, and no one should be delusional, he added.

"It is granted for China to fight back when its legitimate rights are undermined," Lu said. "We will report the relevant situation to the WTO in time, and stand with other countries in defending free trade and multilateral mechanisms."

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE