• China said the U.S. action ignored it’s benefiting from international trade.
• China slams us for serious violations of World Trade Organization rules.
• No matter how the INTL situation changes, China will be open to the world.

The Chinese government strongly condemns the tariffs imposed by the Donald Trump administration and firmly opposes the tariffs, saying the actions taken by the United States violate basic economic principles and market norms, ignoring the results achieved through multilateral trade negotiations Xinhua News Agency Report.

The Chinese government’s statement said the actions overlook the fact that the United States has long benefited from international trade.

It added that using tariffs as a tool of great selfish gain pressure is a textbook example of unilateralism, protectionism and economic bullying.

The United States has recently imposed tariffs on all trading partners, including China, under various excuses, which seriously violates the country’s legitimate rights and interests.

This move seriously violates the World Trade Organization (WTO) rules, seriously damages the rule-based multilateral trading system, and seriously undermines the stability of the global economic order.

In addition, the government statement said that under the guise of pursuing “reciprocity” and “equality”, the United States is engaged in a zero-sum game, essentially seeking “America First” and “American Exceptionism.”

It said the United States is using tariffs to subvert the existing international economic and trade order, prioritizing American interests over global common interests, and sacrificing the legitimate interests of global countries to serve its hegemonic agenda.

It noted: “This kind of action will inevitably face widespread opposition from the international community.”

This statement also emphasizes that as the world’s second largest economy and the second largest consumer goods market, China will open to the outside world no matter how the international situation changes.

Economic globalization is the only way to develop human society. The statement pointed out that the rules-based multilateral trading system and the core of the WTO have made important contributions to promoting global trade, economic growth and sustainable development.

It said: “The shared responsibility of the international community is to make economic globalization more open, inclusive, universally beneficial and balanced.”

It stressed that there were no winners in a trade war or a tariff war, and that protectionism led to a dead end, adding that all countries should uphold the principles of extensive consultation, common contribution and common interests and adhere to true multilateralism in the opposite direction of unilateral and protectionism and maintain the core and core and core trade with the United Nations core.

The statement underscores the belief that the vast majority of countries that value fairness and justice will stand on the right hand of history and make decisions for their own good. The world must embrace fairness, not hegemony.