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Biden threatens to impose tariffs on China Steel and Aluminum, Ministry of Foreign Affairs: Serious concern and strong dissatisfaction
Apr 22nd,2024
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On April 19th, Foreign Ministry spokesperson Lin Jian presided over a regular press conference. A reporter asked, recently, US President Biden delivered a public speech in Pittsburgh, claiming that the Chinese government has long been heavily subsidizing Chinese steel companies to expand production capacity, dumping unfair prices on the global market, and causing harm to the United States. The US trade representative is investigating China's steel and aluminum industry and threatening to adjust the tariff rate of imported steel and aluminum from China to three times the current level. The US government is carefully examining the industrial policies and practices of the Chinese government towards the shipbuilding industry. If it is confirmed that the Chinese government has engaged in unfair behavior that undermines free and fair trade, the US will take action. What further comments does the Chinese side have on this? The Ministry of Foreign Affairs Lin Jian stated that the relevant statements made by the United States are completely untrue, damaging the economic and trade relations between China and the United States, and running counter to the consensus reached at the San Francisco meeting between the two heads of state. The Chinese side is seriously concerned and strongly dissatisfied with this.
News source: "Caiwen Lianbo" Biden threatens to impose tariffs on China Steel Aluminum, Ministry of Foreign Affairs responds! Famous beer detected vomiting toxin (baidu. com)