USEUROPEAFRICAASIA 中文双语Français
Home / Business

US tariffs will 'hurt world trade prospects'

By Zhong Nan | China Daily | Updated: 2018-03-22 07:55

The nation will take active measures to confront challenges from trade investigations launched by the United States and firmly defend its manufacturers' interests, a senior commerce official said in a statement released on Wednesday.

Vice-Minister of Commerce Wang Shouwen said that the Section 232 and 301 investigations initiated by the US are unilateral trade protectionist practices. Adopting related trade restrictions will not only damage the international trade order, but will also cause serious damage to the multilateral global trading system.

"The trade war will only generate losers and negative impact on global trade and the world economy," Wang, who also is China's deputy international trade representative, said in a speech during the informal World Trade Organization's ministerial meeting in New Delhi from March 19 to 20, according to the Ministry of Commerce.

US tariffs will 'hurt world trade prospects'

Today's Top News

Editor's picks

Most Viewed

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