The Chinese business community has strongly criticized the United States for its unilateral imposition of additional tariffs on goods imported from the Chinese mainland. The China Council for the Promotion of International Trade (CCPIT) expressed deep regret and firm opposition to the U.S. decision to implement a 10-percent tariff, citing concerns over issues such as fentanyl.
A spokesperson for the CCPIT emphasized that the added tariffs would not only burden American businesses and consumers but also destabilize global industrial and supply chains. \"There is no winner in trade and tariff wars,\" the spokesperson stated, highlighting that the U.S. approach is counterproductive to resolving existing issues, improving China-U.S. relations, or supporting global economic development.
The CCPIT spokesperson called on the U.S. to immediately rectify its actions, meet China halfway, and enhance cooperation with various countries. This cooperation, they argue, is essential for creating a favorable international environment that benefits both nations and the global business community, ultimately injecting stability and positive momentum into global economic growth.
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Chinese business community slams U.S. unilateral tariff hikes
cgtn.com
