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Monday, Apr 07, 2025

China Opposes U.S. Tariff Measures, Calls for Multilateral Cooperation

China Opposes U.S. Tariff Measures, Calls for Multilateral Cooperation

China's government condemns U.S. tariff policies as violations of international trade norms and calls for a commitment to equitable trade relations.
The Chinese government has formally expressed its strong opposition to the recent tariff measures imposed by the United States on its trading partners, including China.

In a statement released on April 5, the Chinese authorities criticized the U.S. actions as severe infringements on the legitimate rights and interests of nations and violations of World Trade Organization (WTO) rules.

The Chinese government emphasized that such tariffs disrupt the stability of the global economic order and undermine the rules-based multilateral trading system.

The statement accused the United States of adopting unilateralism and economic bullying by using tariffs as a tool of pressure, arguing that these actions disregard fundamental economic principles and the balance achieved through multilateral trade negotiations.

It characterized the U.S. approach as part of a 'zero-sum game' that prioritizes its own interests, encapsulated in the 'America First' policy mindset.

China highlighted the negative implications of U.S. tariffs, stating that they risk subverting existing international economic agreements and compromise the legitimate development rights of countries around the world.

The government warned that these actions would face widespread opposition from the international community.

As the world's second-largest economy, China reiterated its commitment to maintaining open trade and expanding its markets, regardless of the evolving international climate.

The government indicated that its plans to enhance engagement with global markets would continue, focusing on implementing high-level trade and investment liberalization and fostering a favorable business environment.

This commitment seeks to create mutual benefits and win-win outcomes for all participating nations.

The Chinese government reiterated that economic globalization represents the pathway forward for global development and emphasized the crucial role of the WTO in promoting trade, economic growth, and sustainable development.

It upheld the view that maintaining an open, inclusive, and mutually beneficial approach to globalization is imperative to address the challenges of contemporary global trade.

In its statement, China noted that protectionism leads to dead ends, emphasizing that trade and tariff wars do not yield winners.

The government called for collective discussion and handling of international affairs, advocating for a shared responsibility among nations to create an equitable global environment.

It urged all countries to uphold genuine multilateralism and work together to counteract unilateralism and protectionism, highlighting the importance of the United Nations and the WTO as central to the international system.

In summary, the Chinese government's stance underscores a commitment to fair and equitable trade practices while rejecting measures seen as detrimental to the multilateral trading system, reflecting broader global trade dynamics and the evolved economic landscape.
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