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China calls for enhanced dialogue, dispute management, MOFCOM says on US announced plans on tariff and trade-related issues

China calls for enhanced dialogue, dispute management, MOFCOM says on US announced plans on tariff and trade-related issues

China calls for enhanced dialogue, dispute management, MOFCOM says on US announced plans on tariff and trade-related issues

The Ministry of Commerce of China Archive photo: VCG

A spokesperson for China’s Ministry of Commerce (MOFCOM) said Thursday that the ministry has always maintained communication with relevant U.S. authorities, reaffirming China’s willingness to strengthen dialogue and communication, properly handle disputes, ‘expand mutually beneficial cooperation and promote a stable and lasting relationship. healthy development of China-US economic and trade relations.

The remarks were made in response to media inquiries about an executive order signed by U.S. President Trump on his first day in office that did not explicitly mention imposing additional tariffs on China, but he reportedly ordered agencies federal governments to “investigate and remedy” persistent U.S. trade. deficits and evaluate the implementation of the first phase of the China-US trade agreement, and whether the economic and trade departments of the two countries have started to communicate.

“The essence of China-US economic and trade relations lies in achieving mutually beneficial and win-win results, and MOFCOM has always maintained communication with relevant US authorities,” spokesperson He Yadong said on Thursday. during a press conference.

China hopes that under the strategic guidance of the leaders of the two countries, the two sides will adhere to the principles of mutual respect, peaceful coexistence and win-win cooperation, strengthen dialogue and communication, appropriately handle disputes, expand cooperation. mutually beneficial cooperation and promote the stable and healthy development of China-US economic and trade relations, he said.

In response to another media question that US President Donald Trump did not propose tariffs on the first day in the White House, but later claimed that an additional 10% tariff on China could be imposed from February 1, the MOFCOM spokesperson said: China’s position on tariff issues has been consistent, emphasizing that US tariff measures do not benefit China, the United States or the world as a whole.

China is willing to work with the United States to promote the development of bilateral economic and trade relations in a stable, healthy and sustainable direction based on the principles of mutual respect, peaceful coexistence and win-win cooperation.

World Time