China's trade council opposes US tariffs on Chinese goods, urging dialogue to resolve trade tensions and maintain global supply chain stability.
The China Council for the Promotion of International Trade has voiced strong opposition to Washington's proposed new tariffs on Chinese goods, reports the Hong Kong Standard.
The council stated that the Chinese business community is dissatisfied with and firmly opposed to the US plan to impose additional 12.5 percent tariffs. These measures follow a Section 301 probe alleging forced labor in supply chains, an assertion that has been rejected by trading partners.
The Trump administration has proposed tariffs of 10 percent or 12.5 percent on imports from 60 countries. The council emphasized that this move applies unilateral US rules to other economies and deviates from the principles of the multilateral trading system.
CCPIT urged Washington to stop generalizing and abusing trade restrictions, advocating for the resolution of differences through dialogue and consultation. It called for joint efforts to maintain stability in global industrial and supply chains.
The council added that it would continue to support Chinese enterprises in strengthening compliance frameworks and risk management capabilities to cope with external challenges.
