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Tariff War | US to Investigate China and Other Trade Partners; China Urges Negotiated Resolution
The U.S. Trump administration announced it will launch new trade investigations into excess industrial capacity among 16 major trading partners, including China. The Chinese Ministry of Foreign Affairs stated that the so-called “capacity surplus” is a false proposition, and China opposes using it as an excuse for political manipulation.
Foreign Ministry spokesperson Guo Jiakun responded that China’s stance on handling China-U.S. economic and trade issues has been consistent and clear, opposing all forms of unilateral tariffs. The tariff and trade wars are not in the interests of either side, and both parties should negotiate to resolve related issues on the basis of equality, respect, and mutual benefit.