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China Commerce Ministry Official: US Tariff Plan Harms WTO System, Globalization

  • July, 11, 2018 - 13:53
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China Commerce Ministry Official: US Tariff Plan Harms WTO System, Globalization

TEHRAN (Tasnim) - China’s assistant commerce minister said on Wednesday that the latest proposed tariffs from the United States harms the World Trade Organization system and hurts globalization.

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The Trump administration raised the stakes in its trade war with China on Tuesday, saying it would slap 10 percent tariffs on an extra $200 billion worth of Chinese imports, Reuters reported.

The Ministry of Commerce’s Li Chenggang said the only correct choice for China-US relations was cooperation.

Li said China’s determination to improve the domestic business environment and its support for the multilateral trading system will not change.

 
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