China issues statement on its position on U.S. abuse of tariffs as it stressed that the move violates international trade rules and disrupts global economic stability.
The Chinese government issued a statement on Saturday expressing its opposition to the U.S.’s misuse of tariffs. Recently, the U.S. has imposed tariffs on all its trading partners, including China, under various pretexts. This action violates international trade rules, disrupts global economic stability, and infringes upon the legitimate rights of nations. China strongly condemns and opposes these actions.
The Chinese government stated that these actions by the U.S. violate basic economic principles and market norms. They disregard the balanced results achieved through multilateral trade negotiations and ignore how the U.S. has long benefited from global trade. Using tariffs as a means of extreme pressure for selfish interests exemplifies unilateralism, protectionism, and economic coercion.
The U.S. is falsely presenting its actions as efforts to pursue “reciprocity” and “fairness,” when in reality, they are engaging in zero-sum tactics, focused solely on advancing “America First” and “American exceptionalism,” according to the Chinese statement.
The statement argues that the U.S. is using tariffs to undermine the international economic order, prioritizing its own interests over global welfare, and sacrificing other nations’ legitimate interests to further its hegemonic agenda.
China asserts that such actions will face broad international opposition, as they contradict the interests of the global community.
As a nation rooted in tradition and ritual, China values sincerity and trust in its relations with others. The statement emphasizes that while China does not seek conflict, it is not afraid of it. Pressure and threats are not the appropriate way to engage with China, and it will continue to take firm steps to protect its sovereignty, security, and developmental interests.
The Chinese government emphasized that economic and trade relations between China and the U.S. should be mutually beneficial. The U.S. should align with the expectations of the people in both countries and around the world by halting its use of tariffs to suppress China’s economy and trade, and stop undermining China’s right to develop.
China, as the world’s second-largest economy and consumer market, will continue to open itself to the outside world, regardless of changes in the global situation. The statement affirmed China’s commitment to opening its economy at a high level, improving its institutional framework, and creating a market-oriented, law-based, and internationalized business environment to share its development opportunities globally.
Economic globalization is crucial for human progress. The rules-based multilateral trading system, particularly the World Trade Organization (WTO), has been instrumental in promoting global trade, economic growth, and sustainable development.
The statement highlighted that openness and cooperation are historical imperatives. The world should not retreat into isolation, and protectionist policies will ultimately backfire. Mutual benefits and win-win outcomes align with the aspirations of people worldwide.
The international community must work together to make economic globalization more inclusive, open, and balanced, ensuring that all countries benefit from development – not just a few. International affairs should be handled collectively, with all nations shaping the future of the world.
The statement stressed that trade and tariff wars have no winners, and protectionism leads to failure. It called for countries to uphold multilateralism, oppose unilateralism, and protect the international systems led by the United Nations and the WTO. Countries committed to fairness and justice will make decisions in their own best interest and stand on the right side of history, with equity prevailing over hegemony.
Related Posts
China files lawsuit with WTO over U.S. imposition of “Reciprocal Tariffs”
