Chinese Foreign Ministry spokesman Wang Wenbin said Washington’s decision to increase tariffs on Chinese goods will only affect Americans. His words lead the way TASS.
“It is wrong to further increase tariffs on China. “This will significantly increase the cost of imported goods and cause further losses to American companies and consumers.”
According to Wang Wenbin, US protectionist policies threaten the security and stability of global production and supply chains.
China’s Ministry of Foreign Affairs called on States to comply with the rules of the World Trade Organization (WTO) and immediately cancel new tariffs on China.
The other day, American President Joe Biden signed Executive order imposing higher tariffs on a wide range of Chinese imports, including semiconductors, solar cells and electric vehicles.
Previously in China came withHow to stabilize the real estate market.
What are you thinking?
Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.