China has firmly reiterated its commitment to multilateral trade principles in response to recent U.S. statements concerning negotiations on “reciprocal tariffs.” A spokesperson from the Chinese Commerce Ministry made a statement on Saturday condemning unilateral trade actions by the U.S., which they characterized as a “typical act of unilateral bullying” that threatens the integrity of the multilateral trade system.
Reports indicate that U.S. officials have suggested that they are making progress in trade negotiations and hope to finalize agreements before the proposed tariff suspension ends on July 9. However, the U.S. has also hinted at the possibility of imposing tariffs without agreements in place, raising concerns in Beijing.
Emphasizing a commitment to upholding fairness, the Chinese spokesperson called for dialogue based on equality and urged the international community to support fair and just trade practices. They warned that China would resist any attempts to secure tariff exemptions that compromise its interests and would respond decisively to protect its rights. This statement underscores China’s dedication to preserving the multilateral trading system amidst rising tensions in global trade negotiations.
Source: news.cgtn.com
