Ministry of Commerce: The United States launched the largest trade war in history, and China was forced to make necessary counterattacks.

According to the micro-network news, the United States today began to impose a 25% tariff on Chinese products worth 34 billion US dollars. The Ministry of Commerce officially issued a document saying that the United States violated the WTO rules and launched the largest trade war in economic history so far. China promised not to fight first. Gun, but in order to defend the core interests of the country and the interests of the people, they have to be forced to make the necessary counterattacks.

The original is as follows:

The United States began to impose a 25% tariff on US$34 billion on Chinese products on July 6. The United States violated the WTO rules and launched the largest trade war in economic history to date. This taxation is a typical trade hegemonism, Seriously endangering the global industrial chain and value chain security, hindering the pace of global economic recovery, triggering global market turmoil, and will also affect more innocent multinational companies in the world, general enterprises and ordinary consumers, not only helpless, but also detrimental to US companies And the interests of the people. The Chinese side promised not to fight the first shot, but in order to defend the core interests of the country and the interests of the people, they must be forced to make necessary counterattacks. We will promptly inform the WTO about the situation and work together with the rest of the world to safeguard freedom. Trade and the multilateral system. At the same time, China reiterates that we will unswervingly deepen reforms, expand openness, protect entrepreneurship, strengthen property rights protection, and create a good business environment for companies from all over the world. We will continue to evaluate relevant enterprises. Affected, and will work hard to take effective measures to help enterprises.

Yesterday (July 5), at the regular press conference of the Ministry of Commerce, when it came to how the US taxation measures would affect foreign-invested enterprises in China, the Ministry of Commerce spokesman said that China as an economic globalization and global Important supporters and participants in the industry chain, many export products are products produced by foreign companies in China.

According to the analysis, the US announced that the list of so-called 34 billion taxable products has about 20 billion, accounting for about 59% of the products produced by foreign-invested enterprises in China. Among them, American companies account for a considerable proportion. It can be seen If the US initiates taxation, it is actually a tax on Chinese and foreign companies, including US-funded enterprises. The US measures are essentially hitting the global industrial chain and value chain. The United States is opening fire to the world, and also to itself. Open fire.

The peak further pointed out that in the past few decades, China has always been one of the most popular markets for foreign investment in the world, not only because of the huge market in China, but also because the Chinese market represents stability, rationality, and the rule of law. The legitimate rights and interests will be protected by the Chinese government. We will continue to assess and influence the impact of the trade wars provoked by the US on the company.

In addition, the US has once again threatened to levy taxes on all of China's $500 billion in exports to the United States. Not only that, but the United States has also issued similar threats to trading partners of other countries and regions.

2016 GoodChinaBrand | ICP: 12011751 | China Exports