Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
BEIJING, December 25 (Xinhua) — China rejects the so-called findings of the U.S. investigation under Section 301 of the U.S. Trade Act and firmly opposes the imposition of additional customs duties under this section on Chinese semiconductor products, Ministry of Commerce spokesperson He Yongqian said on Thursday.
The Office of the U.S. Trade Representative recently released the results of its Section 301 investigation into China's semiconductor policies, announcing plans to impose new tariff measures under this section on some Chinese semiconductor products. The tariff rate will initially be zero, and will be increased within 18 months to a level announced no less than 30 days before June 23, 2027.
As He Yongqian noted at a regular press briefing, China has taken note of the current situation and made a serious representation to the American side through the mechanism of China-US trade and economic consultations.
Unilateral US tariffs violate World Trade Organization rules, undermine the international trade and economic order, disrupt global supply chains, and harm the interests of American companies and consumers, a spokesperson for the Department of Commerce stated, calling on the United States to promptly correct its erroneous actions and reverse the measures.
China is prepared to resolve mutual concerns with the United States through equal dialogue and consultation based on the principles of mutual respect, peaceful coexistence, and win-win cooperation, He Yongqian emphasized. She added that if the United States persists in undermining China's rights and interests, China will take the necessary measures to resolutely protect its own rights and interests.
Asked whether China's Ministry of Commerce plans to ease restrictions on rare earth magnet exports to the United States, a spokeswoman said: "China is committed to protecting the security and stability of global supply chains and actively promoting and facilitating qualified trade." –0–
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