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Dow Jones NewsApr 3, 2:50 AM UTC
China Commerce Ministry Says Will Take 'Resolute Countermeasures' to Tariffs
China will take "resolute" countermeasures against Trump administration tariffs on Chinese goods in order to protect its interests, the country's Commerce Ministry said Thursday.
The ministry made the statement after Trump said the U.S. will impose an additional 34% levy on Chinese goods, on top of the 20% tariff imposed earlier this year.
"China urges the U.S. to immediately revoke its unilateral tariff measures and work with trading partners to resolve differences through fair and constructive dialogue," said the ministry, without specifying details on the countermeasures.
The commerce ministry said the U.S. reciprocal tariffs "violate international trade rules, severely infringe on the legitimate rights of relevant parties, and represent a typical act of unilateral bullying."
It also said the tariff increase will not resolve problems in the U.S., but rather harm the country's own interests, disrupt global economic development and threaten the stability of supply chains.
"There are no winners in a trade war, and protectionism is not a viable path forward," it said in a statement on its website.
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(END) Dow Jones Newswires
April 02, 2025 22:50 ET (02:50 GMT)
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