Full text: China states its position on opposing U.S. abuse of tariffs

INSUBCONTINENT EXCLUSIVE:
The Chinese government's position on opposing United States abuse of tariffs was released on Saturday, with the full text as
follows:Recently, the United States has imposed tariffs on all its trading partners, including China, under various pretexts
This severely infringes upon the legitimate rights and interests of all countries, severely violates World Trade Organization (WTO) rules,
severely undermines the rules-based multilateral trading system, and severely disrupts the global economic order
The Chinese government strongly condemns and resolutely opposes such move.By taking such action, the United States defies the fundamental
laws of economics and market principles, disregards the balanced outcomes achieved through multilateral trade negotiations, ignores the fact
that the United States has long benefited substantially from international trade, and weaponizes tariffs to exert maximum pressure for
selfish interests
This is a typical act of unilateralism, protectionism and economic bullying
Under the guise of "reciprocity" and "fairness," the United States is playing a zero-sum game to pursue, in essence, "America First" and
"American exceptionalism." It attempts to exploit tariffs to subvert the existing international economic and trade order, put United States
interests above the common good of the international community, and advance United States hegemonic ambitions at the cost of the legitimate
interests of all countries
Such action will inevitably face widespread opposition from the international community.China is an ancient civilization and a land of
propriety and righteousness
The Chinese people value sincerity and good faith
We do not provoke trouble, nor are we intimidated by it. Pressuring and threatening are not the right way in dealing with China
China has taken and will continue to take resolute measures to safeguard its sovereignty, security, and development interests
China-United States economic relations should be mutually beneficial and win-win in nature
The United States should go along with the shared aspiration of the peoples of the two countries and the world, and, minding the
fundamental interests of the two countries, stop using tariffs as a weapon to suppress China economically, and stop undermining the
legitimate development rights of the Chinese people.As the second largest economy and second largest market for consumer goods, China is
committed to opening ever wider to the world, no matter how the international situation changes
We will continue to advance high-standard opening up
We will steadily expand institutional opening up in rules, regulations, management, and standards
We will implement high-standard policies for trade and investment liberalization and facilitation
We will foster a first-class market-oriented, law-based, and internationalized business environment
And we will share our development opportunities with the world to achieve mutual benefits.Economic globalization is the only way to human
progress
The WTO-centered, rules-based multilateral trading system has been critical in promoting global trade, economic growth and sustainable
development
Openness and cooperation are a historical trend
The world will not, and should not, return to mutual isolation or fragmentation
The whole world aspires for win-win cooperation
Economic bullying that shifts risks onto others will ultimately backfire
Making economic globalization more open, inclusive, balanced and beneficial to all is a shared responsibility of the international
community.Development is an inalienable right of all countries, not the exclusive privilege of a few
International affairs should be addressed through consultation, and the future of the world should be decided by all countries
There are no winners in trade or tariff wars
Protectionism is a dead end
All countries should uphold the principles of extensive consultation, joint contribution and shared benefit
They should practice true multilateralism, jointly oppose all forms of unilateralism and protectionism, and defend the UN-centered
international system and the WTO-centered multilateral trading system
We are confident that the vast majority of countries, committed to fairness and justice, will stand on the right side of history and act in
their best interests
The world must embrace fairness and reject hegemonism!