He Lifeng: China's Position of Opposing U.S. Unilateral Tariff Increases Remains Consistent; Urging the U.S. to Completely Eliminate Unilateral Tariffs and Other Restrictive Measures

He Lifeng stated that under the strategic guidance of the important consensus between the two heads of state, after five rounds of economic and trade consultations last year, China and the United States reached a series of consultation results in the economic and trade field, injecting more certainty and stability into bilateral economic and trade relations and the global economy. Recently, the U.S. Supreme Court ruled that tariffs imposed under the International Emergency Economic Powers Act are illegal. Subsequently, the U.S. imposed a 10% additional import fee on all trading partners under Section 122 of the Trade Act of 1974, and has also introduced negative measures related to China, such as the 301 investigation, corporate sanctions, and market access restrictions. China opposes the U.S. unilateral tariffs consistently and urges the U.S. to fully cancel such restrictive measures. China will take necessary measures to firmly defend its legitimate rights and interests. We hope the U.S. and China will work together to implement the important consensus of the two heads of state, continuously expand the cooperation list, reduce the list of issues, and promote the healthy, stable, and sustainable development of China-U.S. economic and trade relations. (Xinhua)