国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Global EditionASIA 中文雙語Fran?ais
Opinion
Home / Opinion / Editorials

Good faith not tariffs basis for positive outcomes from talks: China Daily editorial

chinadaily.com.cn | Updated: 2025-02-20 20:19
Share
Share - WeChat

As China's Ambassador to the World Trade Organization Li Chenggang pointed out in a meeting of the World Trade Organization General Council in Geneva on Tuesday, the United States' imposition of unilateral and arbitrary tariffs on China and other trading partners has caused global "tariff shocks".

Although it has been just one month since the Donald Trump administration took office, the shock waves it has caused with its weaponizing of tariffs have created the impression it has been in power for longer. Such actions blatantly violate WTO rules, heighten economic uncertainty, disrupt global trade, and could even undermine the multilateral trading system.

Yet there seems to be a misconception on the part of some countries that the US is granting clemency to some economies by favoring them with a lower tariff rate.

But a tariff is a tariff. Although a 10 percent tariff hike is lower than a 25 percent hike, they are both of the same unjust nature. They are both being used by the US administration as economic coercion, and both harm the global industry and supply chains.

The Trump administration is not showing leniency or favoritism with differential tariffs, but acting in accordance with its own calculations of the potential blowback from the tariffs on the US weighed against the perceived benefits.

That explains why China has promptly taken countermeasures against the US tariffs while other parties have only paid lip service to their vowed retaliation against the US' unfair tariffs in the hope that by doing so they will receive some concessions at the negotiation table.

Soon after Trump slapped 10 percent duties on all Chinese imports, China responded with 15 percent duties on US coal and liquefied natural gas products, and a 10 percent tariff on crude oil, agricultural machinery and large-engine cars imported from the US, along with tightened export controls on some rare metals used as key components in the defense and clean energy industries, and the inclusion of two US companies on its unreliable entity list.

Beijing believes tariff disputes are only a part of the Sino-US relations and its countermeasures take into full consideration the necessity of preventing the trade dispute from hurting overall bilateral ties.

That is why Beijing has never stopped seeking a solution to the trade dispute through the World Trade Organization dispute settlement mechanism and direct dialogue with the US side.

In the latest move to show its willingness to strengthen exchanges with the US in that regard, Commerce Minister Wang Wentao sent a letter to the newly appointed US Secretary of Commerce Howard Lutnick on Wednesday, congratulating him on assuming the position as the 41st US secretary of commerce, and raising concerns over the US decision to impose the additional tariffs on Chinese imports.

As Wang said, strengthening the bilateral economic and trade cooperation between the two largest economies in the world is of great importance to the development of both countries and to global economic growth.

Over the past years, the trade departments of both countries have played a key role in promoting and advancing bilateral economic and trade cooperation, and Wang said that his department remains willing to work with the US side to strengthen dialogue and manage differences.

That Wang held talks with a visiting Japanese business delegation on Tuesday is a further sign of another consequence of the US administration's slap-happy tariffing, as countries, including US allies and partners, are trying to boost their economic and trade relations with China.

The US side should realize there are no winners in a tariff war, and the US, as the starter of it, is antagonizing the rest of the world, raising the operation cost of the global economy, and shaking the foundation of the postwar order it established in its favor. Not to mention the chain reactions the tariffs are having on the US economy and industry.

When asked at a regular news conference on Thursday about China's response to Trump recently saying the US and China might reach new trade deals and he hoped the top Chinese leader can visit the US, the Chinese Foreign Ministry spokesperson reiterated that China's stance on trade and bilateral ties remains consistent. That stance provides broad space for the two sides to handle their trade dispute properly and to keep ties on the right track for healthy development.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
赞皇县| 遂宁市| 东乌珠穆沁旗| 浑源县| 尖扎县| 松潘县| 新乡县| 来安县| 班玛县| 宜城市| 镇沅| 汨罗市| 依兰县| 宣威市| 苏尼特右旗| 博乐市| 漳平市| 类乌齐县| 望江县| 青神县| 安图县| 许昌县| 瑞丽市| 虎林市| 长葛市| 资中县| 刚察县| 大同县| 连云港市| 封丘县| 兴业县| 蒙自县| 湘西| 鄂托克旗| 黄梅县| 三亚市| 砚山县| 德令哈市| 灵石县| 讷河市| 萝北县|