Abstract Xinhua News Agency, Beijing, May 8th: China's statement on the proposed US tariff escalation measures The US intends to raise the tariff of 200 billion US dollars of Chinese exports to the United States from 10% to 25% on May 10. It is not in the interest of the people of the two countries and the people of the world to upgrade trade frictions. China...
Xinhua News Agency, Beijing, May 8th, the Chinese side’s statement on the proposed US tariff escalation measures
The US intends to raise the tariff of 200 billion US dollars of Chinese exports to the United States from 10% to 25% on May 10. The escalation of trade friction is not in the interests of the people of the two countries and the people of the world. The Chinese side deeply regrets that if the US tariff measures are implemented, China will have to take necessary countermeasures.
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