HomeLive CommentsChina: It's only polite to reciprocate to US unilateralistic and protectionist action

China: It’s only polite to reciprocate to US unilateralistic and protectionist action

China responded to the Section 301 tariff list quickly with a strongly worded statement through the Embassy in the US.

China said it “strongly condemns and firmly opposes the unfounded Section 301 investigation and the proposed list of products and tariff increases based on the investigation.”

It condemned that “unilateralistic and protectionist action has gravely violated fundamental principles and values of the WTO”. And such action serves nobody’s interest.

China said it’s “only polite to reciprocate” and said it will resort to the WTO.

In addition, China pledged to take “corresponding measures of equal scale and strength against U.S. products in accordance with Chinese law”.

Full statement in English and Simplified Chinese.

China’s Ministry of Commerce also said in a statement that it will ” immediately bring relevant U.S. practice to the dispute settlement body of the WTO, and is ready to take counter measures on U.S. products with the same intensity and scale that will be published in the coming days.”

Statement in Simplified Chinese.

Featured Analysis

Learn Forex Trading