#夏日创作营 The United States imposes a 12.5% increase in 301 tariffs on China; the Ministry of Commerce: retains the right to take all necessary measures, urges the U.S. to correct its erroneous practices, and calls for the complete cancellation of the relevant unilateral tariff measures



According to a notice on the Ministry of Commerce website, a spokesperson of the Ministry of Commerce answered questions from reporters regarding the U.S. publication of the final measures of the “forced labor” 301 investigation.

Question: On July 23, U.S. Eastern Time, the Office of the U.S. Trade Representative issued final measures based on the results of the “forced labor products not prohibited for import” 301 investigation, imposing 301 tariffs on 60 economies including China, including a 12.5% 301 tariff increase on China. What is the response from the Chinese side?

Answer: We have noted the relevant situation. The Chinese side has consistently opposed forced labor, established a sound system of labor laws and regulations, and firmly safeguards against and cracks down on forced labor practices. By contrast, the U.S. side not only has yet to approve joining the “Forced Labor Convention, 1930,” but has also long manipulated the issue of “forced labor.” This time, it also launched a 301 investigation and imposed unilateral tariffs on the grounds of “forced labor,” which is a typical act of unilateralism and protectionism. The Chinese side firmly opposes it.

We have also noted that the U.S. side has repeatedly said it intends to replace the tariffs under the International Emergency Economic Powers Act (IEEPA), which has been ruled ineffective, and the 122 import surcharge, with 301 tariffs. In the course of China-U.S. economic and trade consultations, the U.S. side has clearly committed that the additional tariffs to be imposed on Chinese goods as a substitute will not exceed 20%. Currently, the additional tariffs to be imposed by the U.S. on Chinese goods as a substitute are 12.5%. The Chinese side’s countermeasures against the first round of the so-called fentanyl tariffs by the U.S. and against its reciprocal tariffs remain effective. We will continue to closely monitor and conduct comprehensive assessments of the U.S. side’s subsequent moves, and we retain the right to take all necessary measures.

The Chinese side urges the U.S. side to correct its erroneous practices and completely cancel the relevant unilateral tariff measures. The Chinese side is willing to continue dialogue and consultations with the U.S. side on the basis of mutual respect and equality and mutual benefit to address each side’s concerns. We hope the U.S. side will take actions in step with China, jointly uphold and implement the consensus reached in economic and trade consultations, continuously reduce the list of problems, extend the list of cooperation, and make greater contributions to building a constructive and stable strategic relationship between China and the U.S.
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#夏日创作营 The US imposes a 12.5% additional 301 tariff on China. The Ministry of Commerce: retains the right to take all necessary measures, urges the US to correct its erroneous practices, and calls for the full cancellation of the relevant unilateral tariff measures

According to a notice on the Ministry of Commerce website, the Ministry of Commerce’s spokesperson answered reporters’ questions regarding the final measures of the US “forced labor” 301 investigation.

Q: On July 23, Eastern Time, the Office of the US Trade Representative issued final measures based on the results of the 301 investigation for “imports of forced labor products not prohibited,” imposing 301 tariffs on 60 economies, including China, and adding a 12.5% 301 tariff on China. What is the response from the Chinese side?

A: We have noted the relevant situation. The Chinese side has consistently opposed forced labor, has established a sound system of labor laws and regulations, and resolutely prevents and cracks down on forced labor practices. By contrast, the US side has not only still not approved accession to the 1930 Forced Labor Convention, but has also long manipulated the “forced labor” issue. This time, it initiated a 301 investigation and imposed unilateral tariffs again on the grounds of “forced labor,” which is a typical act of unilateralism and protectionism. The Chinese side firmly opposes it.

We have also noted that the US side has repeatedly stated that it intends to replace the tariffs and the 122 import surcharge under the International Emergency Economic Powers Act (IEEPA), which have been ruled ineffective. In the course of the China-US economic and trade consultations, the US side has clearly committed that any replacement tariffs imposed on Chinese goods will not exceed 20%. At present, the replacement tariff imposed by the US on Chinese goods is 12.5%, and the Chinese side’s countermeasures to the US’s so-called fentanyl tariffs in the first round, as well as to the reciprocal tariffs, remain effective. We will continue to closely monitor and comprehensively assess the US side’s subsequent actions, and we retain the right to take all necessary measures.

The Chinese side urges the US side to correct its erroneous practices and fully cancel the relevant unilateral tariff measures. The Chinese side is willing to continue dialogue and consultation with the US side on the basis of mutual respect and equality and mutual benefit to address each side’s concerns. We hope the US side will move in the direction of China, and work together to ensure that the economic and trade consultation consensus is effectively implemented, further shrink the list of issues, expand the list of cooperation, and make greater contributions to building a constructive, stable strategic relationship between China and the US.
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StablecoinWin
· 7h ago
Just push through—done. 👊
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