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White House: New Chinese tariffs target 'fairly traded’ US goods


China must stop its unfair trade practices instead of imposing retaliatory tariffs on fairly-traded US exports, White House Deputy Secretary Lindsay Walters said in a statement, APA reports quoting sputniknews.

 

On Sunday, the Chinese Commerce Ministry imposed new import tariffs on 128 US products in response to US President Donald Trump’s recent trade actions against China.

 

"China's subsidization and continued overcapacity is the root cause of the steel crises. Instead of targeting fairly traded US exports, China needs to stop its unfair trading practices which are harming US national security and distorting global markets," White House Deputy Secretary Lindsay Walters said.

 

The Chinese ministry has earlier informed that Beijing would introduce import tariffs on 128 US products starting on April 2 in response to Washington's recently imposed trade barriers, in order to protect its interests and compensate for damage from the US tariffs.

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