Beijing:
China said on Thursday that it widely opposed the new American tariffs on its exports and “protest” for the protection of its rights and interests.
US President Donald Trump has probably ignited the global trade war of potentially ruined global trade war after placing 10 percent levy on imports from around the world and rigorously on major trading partners.
The Ministry of Commerce in Beijing said in a statement that the tariffs “do not follow the international trade rules and severely harm the legitimate rights and interests of the parties concerned”.
This urged Washington to immediately cancel them, warning them that they “endanger global economic growth”, hurt American interests and international supply chains.
It also accused the United States of “specific unilateral bullying practice”.
Trump unveiled stinging tariffs of 34 percent of 34 percent on China, one of his biggest trading partners, while 10 percent of Aadhaar tariffs on all countries would also apply to China.
It comes at the top of the rate of 20 percent imposed last month.
Beijing responded to those tariffs with a levy of up to 15 percent on a border of American agricultural commodities including soybean, pork and chicken.
American duties have threatened to harm China’s delicate economic reforms as it struggles with a long -running debt crisis in the property sector and consistently consumes less.
An acute trade war means that China cannot reduce its expectations for strong economic growth this year on its exports, which reached a record high in 2024.
Trump labeled Wednesday’s measures “mutual”, but many experts say their administration’s estimates have been exaggerated for the levy put on American imports by other countries.
Beijing said, “The US has claimed loss in international trade, using the so -called ‘mutuality’ as an excuse to increase tariffs on all business partners.”
“This approach disregards the balance of interests obtained through the years of multilateral trade talks and ignores the fact that the US has long benefited from international trade,” said this.
Instead, he called for “dialogue” to resolve the dispute.
“There is no winner in a business war, and there is no way for protectionism,” saying that “history has proved that increasing tariffs do not solve America’s problems.”
The US has also imposed 25 percent tariffs on steel and aluminum imports.
China is the world’s leading steel manufacturer, although not a major exporter of products for the United States.
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