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China angered by Trump’s 10 percent tariff, to file case at WTO

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Kathmandu. China said on Sunday it “firmly opposes” new tariffs imposed on Beijing by US President Donald Trump and vowed to “resolutely safeguard its rights and interests.”

Trump announced on Saturday that he would impose an additional 10 percent tax on existing tariffs on Chinese imports, unveiling sweeping measures against major trading partners. In a statement on Sunday, China’s Commerce Ministry criticized Washington’s “wrong practices” and said Beijing “strongly disagrees with and firmly opposes” them.

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The ministry said Beijing would file a case with the World Trade Organization (WTO), arguing that “the tariffs unilaterally imposed by the United States seriously violate WTO rules.” “These tariffs are not only unhelpful to the US in solving its own problems, but also undermine general economic and trade cooperation,” the ministry said. “China hopes that the United States will objectively and rationally view and deal with its own issues such as fentanyl, rather than threatening other countries with tariffs at every turn.” “Beijing urges the US to correct its wrong practices, meet China halfway, deal with its own problems, engage in frank dialogue, strengthen cooperation, and manage differences on the basis of equality, mutual benefit and mutual respect,” the statement said. “There are no winners in a trade war or a tariff war,” China’s Foreign Ministry said in a statement. “The practice of imposing additional tariffs is not constructive and will inevitably affect and damage future bilateral cooperation in drug control.”

 

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