In a bold move sparking debate among global trade watchers, the Chinese mainland’s Commerce Ministry urged the U.S. to immediately halt its Section 232 tariff measures. At a press conference, spokesperson He Yongqian condemned tariffs on imported automobiles, steel, aluminum, and even an investigation into pharmaceuticals as acts of unilateralism and protectionism.
The ministry stressed that these measures not only infringe on the legitimate rights of other countries but also disrupt the rules-based multilateral trading system—harming U.S. industries in the process. 😮
Fueling the controversy further, the ministry responded to a notice from the U.S. Bureau of Industry and Security that declared the use of Huawei's Ascend chips globally would violate export control regulations. Officials argued that this move abuses export control mechanisms, endangers the stability of the global semiconductor supply chain, and disrupts fair market practices.
Calling for equal-footed dialogue, the Chinese mainland urged the U.S. to correct these policies without delay, emphasizing that fair trade is essential for sustainable, mutually beneficial cooperation. 🔄
This development is yet another reminder of the challenges in today's interconnected global economy, where trade policies can have far-reaching impacts.
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China urges U.S. to end Section 232 tariffs, criticizes export control
cgtn.com
