11:23, 24-Jan-2018
China-US Trade: Commerce Ministry criticizes American tariffs
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Some more tension in U.S.-China trade ties. The Ministry of Commerce said Tuesday that it has expressed strong dissatisfaction with new American tariffs on washing machines and solar cells. The ministry also said that Washington's decision to implement the tariffs deteriorates the global trade environment.
Ministry official Wang Hejun called the tariffs an abuse of trade remedy measures. He said that China hopes the U.S. will refrain from misusing trade remedies and that China will work with other WTO members to defend its legitimate interests. Take a listen.
"We are concerned about a trade war, and we don't want to see the trade war between China and the US. It will not only negatively affect the two countries' economies, but also the global one. As the trade volume between the two countries is large, it's inevitable to have trade frictions in some sectors. But it is critical to manage frictions, and not let them affect the economic and trade cooperation."