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Trump Says He Will Launch New Trade Investigations Against Trading Partners Including China, China Responds
(Source: Sci-Tech Innovation 100 ETF Fund)
On March 12, Foreign Ministry Spokesperson Guo Jiakun hosted a routine press conference. A Reuters reporter asked that on Wednesday, the U.S. government announced the launch of two new trade investigations into “excess industrial capacity” among 16 major trading partners, including China. According to officials from the Office of the U.S. Trade Representative, this could lead to new tariffs. What is China’s comment on this investigation and the U.S. Trade Representative’s designation of China’s auto industry as a so-called “overcapacity” industry?
Guo Jiakun stated that China’s position on China-U.S. economic and trade issues has been consistent and clear, opposing all forms of unilateral tariff measures. The trade and tariff wars are not in anyone’s interest. Both sides should resolve related issues through negotiations based on equality, respect, and mutual benefit.
“The so-called overcapacity is a false proposition. China opposes using it as an excuse for political manipulation,” Guo Jiakun said. (Beijing Daily)
More reports
Foreign Ministry: China and the U.S. maintain communication regarding interactions between their leaders
On March 12, Foreign Ministry Spokesperson Guo Jiakun hosted a routine press conference. A reporter from AFP asked whether the spokesperson could provide the latest updates on China’s preparations for U.S. President Trump’s planned visit to Beijing. “China and the U.S. maintain communication regarding interactions between their leaders. As for the specific issues you mentioned, I currently have no information to provide,” Guo Jiakun said. (Beijing Daily)
Are there Chinese civilian ships attacked in the Strait of Hormuz and nearby waters? Foreign Ministry responds
On March 12, Foreign Ministry Spokesperson Guo Jiakun hosted a routine press conference. A reporter asked whether, since the outbreak of conflict in the Middle East, at least 60 ships and oil tankers have been attacked. Are any Chinese civilian ships in the Strait of Hormuz and nearby waters targeted by drones or missiles? How many Chinese ships are currently in the area? Guo Jiakun stated that the Strait of Hormuz and its surrounding waters are important international trade routes for goods and energy. Maintaining security and stability in this region is in the common interest of the international community. China urges all parties to immediately cease military actions, avoid further escalation of tensions, and prevent regional instability from causing greater impacts on global economic development. (Global Times)