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The United States plans to cancel the imposition of tariffs on China

Time : 2022-05-20 Hits : 18

Recently, the issue that the United States may cancel the imposition of tariffs on China has attracted market attention. The United States plans to abolish tariffs on China, which will benefit the development of foreign trade exports and cross-border logistics According to Xinhua news agency, the office of the U.S. trade representative announced on May 3 that the two actions of imposing tariffs on Chinese goods exported to the United States four years ago based on the results of the so-called "301 survey" will end on July 6 and August 23, respectively. From now on, the office will start the legal review procedure for relevant actions.

Subsequently, US President Biden said that the US government was discussing whether to cancel the tariffs imposed on China during the trump administration, but had not yet made a decision.
In response to the relevant remarks, the Ministry of foreign affairs and the Ministry of Commerce responded. Foreign Ministry spokesman Zhao Lijian said that the essence of China US economic and trade cooperation is mutual benefit and win-win results. There are no winners in trade and tariff wars. The unilateral imposition of tariffs by the United States is not conducive to China, the United States and the world. Shu jueteng, spokesman of the Ministry of Commerce, responded that under the current situation of high inflation, the cancellation of tariffs imposed by the United States on China is in the fundamental interests of American consumers and enterprises, which is beneficial to the United States, China and the world.