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China’s strong objection to US import tariffs, unilateral tariffs could further strain global trade 

. China has strongly opposed the United States’ imposition of new tariffs on 60 trading partners, including China, and warned Washington not to resort to a trade war. Beijing has warned that unilateral tariffs will further strain global trade.

The new tariff will be imposed from 10 to 12 percent from Friday. It is up to 5 percent. China has the highest tariff of 12.5 percent. The US administration has said that this decision was based on the concerns of forced labor.

Chinese Foreign Ministry spokesman Lin Jian said at a regular press briefing that China opposes all “unilateral tariffs”.TAG_OPEN_div_21 “Trade wars or tariff wars are not in the interest of either side,” he said, adding that such moves would promote conflict rather than cooperation.

U.S. Trade Representative Jamison Grier said the United States has long imposed strict restrictions on imports of goods produced by forced labor, and it is time for trading partners to show the same level of commitment.TAG_OPEN_div_19

The new law replaces temporary global tariffs imposed by President Donald Trump earlier this year.TAG_OPEN_div_17 The Trump administration reinstated the tariffs policy based on the new law after the U.S. Supreme Court in February limited some of the president’s tariff powers.

According to the announcement, countries that have imposed forced labor restrictions such as Canada, the European Union (EU) and the United Kingdom will be subject to a 10 percent tariff, while major trading partners such as China, India and Japan will be charged 12 percent.TAG_OPEN_div_15 A high tariff of up to 5 percent has been implemented.

Last year, after a meeting between President Donald Trump and Chinese President Xi Jinping, the trade tensions between the two countries briefly subsided.TAG_OPEN_div_13 After Trump’s visit to Beijing this year, the two sides have signaled that they will work towards reducing tariffs. But the latest US decision has increased the possibility of a re-escalation of trade tensions between the two countries.

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