Ministry Of Foreign Affairs Responds To Us 300 Billion Tariff List Threat

On the afternoon of May 13th, the office of the US Trade Representative (USTR) issued a notice that it would seek advice and hold a public hearing on about 25% US tariffs on Chinese goods. 300 billion.

At the news conference of the Ministry of foreign affairs in May 14th, Geng Tan, a spokesman for the Ministry of foreign affairs, said that tariffs could not solve the problem, and that the launching of trade wars would only hurt people. The US side had misjudged the situation and underestimated China's determination and ability to defend its own rights and interests.

The Chinese side remains calm and calm when it comes to pressure and pressure on the US side.

I would like to advise the US side to take a look at the reactions of the international community and listen to the voices of people from all walks of life and calculate the gains and losses of their own interests.

Geng Shuang pointed out that the Chinese side has repeatedly said that tariffs can not solve the problem, and that launching trade wars will only harm others.

China does not want to fight or fight for trade wars, but it is also not afraid of fighting.

We will not succumb to any external pressure, resolve and ability to defend our legitimate legitimate rights and interests.

"Let us recall that in April last year, the United States announced for the first time that tariffs were imposed on China's exports to the United States, and China immediately responded forcefully.

Since then, the United States has continuously issued new threats, several official implementation of tariff measures, and China has resolutely countered it.

Geng Shuang pointed out that last week, the United States threatened to increase tariffs on China's 200 billion products to 10% from 10% to 25%, causing an uproar in the international community and a sharp reaction in the financial market.

In this regard, we have made it clear that similar situations have occurred many times before.

The position of the Chinese side is very clear and the US side is very clear about that.

We also call on the US side to make a fresh start and move towards the mutually beneficial and win-win agreement with the Chinese side.

Geng Shuang said that the calm and constructive attitude towards China is highly appreciated by the international community.

Since then, the Chinese team has still gone to the US for consultations and has shown the utmost sincerity to promote differences in responsible actions.

However, some people in the us seem to have misjudged the situation, underestimated China's determination and ability to defend its own rights and interests, and continue to confuse the public with the demand.

Of course, the Chinese side should definitely refuse and firmly oppose it.

In May 10th, the United States formally announced a 25% tariff on Chinese products of 200 billion dollars.

Subsequently, the Customs Tariff Commission of the State Council also announced the relevant measures of China.

Geng Shuang pointed out that this reflects China's determination and will to defend the multilateral trading system and defend its legitimate rights and interests.

For the pressure and volatility of the US side, he said that China remained calm and calm.

"We advise the US side to take a look at the reactions of the international community, listen to the voices of people from all walks of life, calculate the gains and losses of their own interests, recognize the situation as soon as possible, return to the right track, and work with the Chinese side to strive for a mutually beneficial and win-win agreement on the basis of mutual respect."

USTR has published a tax list of 3805 products in the annex covering up to 300 billion US dollars, including a large number of chicken, duck, beef, mutton, milk cheese and dairy products, tulip, Lily and other plants and rhizomes, and wig, gloves, toys and other consumer goods.

In addition, it also contains a large number of mobile phone, base station and other communication equipment products and notebook consumer electronic products.

The analysis generally points out that if the United States advances such a scale of tariffs, it will substantially raise the cost of domestic consumers and the cost of downstream enterprises, causing inflation to rise and productivity decline, and bring the relevant enterprises of the United States to other countries.