China's restrained new tariff 'rational'

Potential impact fully considered, tiered levies deployed

China's latest restrained tariff measure against the United States is rational, and aims to safeguard the multilateral trading system, experts said.

Taking into full consideration the interests of its people and companies, as well as the global value chain, the Chinese government made the decision to impose differentiated tariff rates targeting $60 billion worth of US goods. That's in stark contrast to the US' one-size-fits-all tariff approach, which was ill-considered, they said.