The Commerce Ministry of China has called for an immediate lifting of the tariffs imposed by the U.S. on Chinese steel and aluminum products. This demand comes after the World Trade Organization (WTO) ruled in favor of the United States in their tariff dispute against China.
On Wednesday, a WTO dispute settlement panel stated that China had acted "inconsistently" with its WTO obligations by imposing additional duties on certain U.S. imports as a response to the steel and aluminum tariffs imposed by the U.S.
In 2018, the U.S. implemented a 25% tariff on steel and a 10% tariff on aluminum imports from China, citing national security concerns and a need to protect domestic manufacturers from global overproduction of these metals.
In retaliation, China imposed additional duties ranging from 15% to 25% on some U.S. imports.
The Commerce Ministry of China released a statement acknowledging the WTO report and expressing their intent to comply with WTO rules in addressing the issue. They also highlighted that the underlying cause of this dispute lies in the "unilateralist and protectionist behaviors" of the United States.
Suggested title: China Urges U.S. to Reverse Steel and Aluminum Tariffs