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, February 24 (Xinhua) — China consistently opposes all forms of unilateral tariff measures and urges the United States to lift existing unilateral duties and refrain from imposing new ones, a spokesperson for the Chinese Ministry of Commerce said on Tuesday.
A ministry spokesperson made the statement in response to journalists' requests for comment on changes to the U.S. customs regime. On Tuesday, U.S. Customs and Border Protection suspended the collection of additional duties under the International Emergency Economic Powers Act (IEEPA). At the same time, the agency began collecting additional import duties from all trading partners in accordance with Section 122 of the Trade Act of 1974.
The Ministry of Commerce reported that China is closely monitoring the situation and will conduct a comprehensive assessment of the measures taken by the American side.
The agency's representative stated that any adjustments to China's retaliatory measures, including those related to the US-imposed customs duties on China under the pretext of fentanyl and mirror duties, will be made in a timely manner, taking into account developments. "China reserves the right to take all necessary steps to resolutely protect its legitimate rights and interests," the official representative stated.
As experience has repeatedly confirmed, cooperation between China and the United States benefits both countries, while confrontation harms both sides, the Ministry of Commerce emphasized, adding that China is ready to hold frank discussions with the American side during the upcoming round of Sino-American consultations on trade and economic issues.
The Ministry of Commerce spokesperson expressed hope that the United States and China will adhere to the consensus reached by the two heads of state both at the 2025 Busan meeting and during the February 4 phone call. According to the spokesperson, the two countries should address each other's concerns through mutual respect and equal consultations, properly resolve differences, and maintain the healthy, stable, and sustainable development of China-US trade and economic relations.
Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.
