Thursday, February 25, 2021

China reacts to the Biden administration’s decision on tariffs | Latest news 24h – Read Lao Dong Newspaper online


Chinese Foreign Minister Wang Yi said the United States had to cancel tariffs on imports and end restrictions on Chinese technology.

Chinese Foreign Minister Wang Yi spoke at a forum in Beijing on February 22, which said that US-China relations are at an important point.

Mr. Wang Yi urged the US to lift tariffs on Chinese imports and lift restrictions on the technology sector, SCMP reported.

“We hope the US will adjust its policies as soon as possible, lift unreasonable tariffs on Chinese products, unilateral sanctions on companies and institutions. Chinese scientific research as well as unreasonable blocking with Chinese technology, in order to create the necessary conditions for China-US cooperation “- Mr. Wang Yi said.

Foreign Minister Wang Yi added that China is ready to work with the United States in controlling the COVID-19 pandemic, climate change and global economic recovery.

Vuong Nghi’s remarks came after US Treasury Secretary Janet Yellen’s comment last week that Washington will keep the current tax rate, but will evaluate how to proceed after careful consideration.

US President Joe Biden has yet to formulate his policy on China but has signaled that this will be the main theme, pledging to work with Europe and Asia to prepare for the long-term competition with the North. Kinh.

The administration of President Donald Trump has used a series of measures against Beijing, including a ban in the Chinese technology sector due to national security concerns.

According to Mr. Vuong Nghi, the difference between the two countries can be resolved through higher-level dialogue. He revealed, in a recent phone call with US President Joe Biden, Chinese President Xi Jinping noted that the confrontation between the two countries will be “a disaster”. The phone call between Joe Biden and Xi Jinping could lay the groundwork for follow-up conversations, according to the Chinese foreign minister.





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