, , :
22.02.2025
°C
$ 88.17
€ 92.02

Ministry of Commerce of the People's Republic of China: Trump's duties undermine Sino-American trade and economic cooperation

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This was stated by Zhu Bin, Director of the Department of Foreign Investment Management at the Ministry of Commerce of China.

According to the politician, US President Donald Trump's increase in tariffs on Chinese goods harms not only Chinese businessmen, but also foreign investors, including American companies.

Zhu Bin noted that the additional duties imposed by the United States are not only unprofitable in terms of solving the United States' own problems, but also undermine normal Sino-American trade and economic cooperation. In addition, they violate WTO rules.

At the same time, the official noted, China's economic base is stable, has many advantages, has significant stability, great potential and has a long-term tendency to improve the situation. At the same time, the position of the Chinese leadership on stimulating the inflow of foreign capital will not change, he added.