Beijing: China's Ministry of Commerce announced that it is closely reviewing the US Supreme Court's decision against tariffs imposed by the US government under the International Emergency Economic Powers Act (IEEPA), assessing the ruling's potential impact. According to Qatar News Agency, the US Supreme Court determined that the tariffs enforced on trading partners under the IEEPA are unlawful. A ministry spokesperson expressed China's consistent opposition to unilateral tariff increases, highlighting the absence of benefits in a trade war and the counterproductive nature of protectionism. The spokesperson criticized the US for its unilateral actions, such as reciprocal and fentanyl tariffs, stating they infringe upon international trade regulations and US domestic laws, ultimately serving no party's interest. China strongly urges the US to remove these tariffs, emphasizing the mutual benefits of cooperation over conflict. Furthermore, the spokesperson noted that the US is considering alternative strategie s, like trade investigations, to uphold tariffs on trading partners. China is committed to monitoring these developments and protecting its interests.
Home » China Calls on US to Eliminate Unilateral Tariffs
China Calls on US to Eliminate Unilateral Tariffs
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