A spokesperson for the China Council for the Promotion of International Trade made a statement regarding the US announcement of imposing a 10% tariff on Chinese products imported to the US

On February 2nd, Eastern Time, the United States imposed a 10% tariff on Chinese products imported to the United States, citing issues such as fentanyl. The Chinese business community deeply regrets and firmly opposes this. The unilateral imposition of tariffs by the United States seriously violates the rules of the World Trade Organization, which will result in a large number of American companies and consumers paying for it, disrupt normal economic and trade cooperation between China and the United States, and impact the stability of the global industrial and supply chains. There are no winners in trade wars or tariff wars. The wrong approach of the United States is not conducive to solving its own problems, not conducive to bilateral relations between China and the United States, and not conducive to the development of the world economy. We strongly call on the United States to immediately correct its erroneous practices, move towards the same direction as China, strengthen cooperation with other countries, create a favorable international environment for mutual benefit and win-win cooperation between the two countries and even the global business community, and inject more stability and positive energy into the development of the world economy.

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