MOC: All tariffs must be cancelled if China and US are to reach agreement

Friday, 05 July 2019 11:46:58 (GMT+3)   |   Shanghai

At a press conference on July 4, Gao Feng, spokesman for China’s Ministry of Commerce (MOC), stated that unilateral tariffs are harmful to businesses and consumers on both sides, and also bring uncertainty and may even bring recession to the global economy. The unilaterally imposed tariffs on Chinese imports by US were the starting point of the US-China economic and trade frictions. If both sides are to reach an agreement, all tariffs must be cancelled, the MOC spokesman continued, adding that China's attitude has always clear and consistent.

Referring to comments by US President Donald Trump at the recent G20 summit in Osaka that US companies will be permitted to sell products to Huawei, the MOC spokesman said China hopes the US will honor its commitment and halt its wrong practices of using state power to suppress Chinese companies as soon as possible.



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