Beijing China Chinese Economy India Ministry Of Commerce New Delhi Sanctions Signal Social Media Supply Chain Tariff Washington
New Delhi [India], June 8 (ANI): Beijing has pushed back against the US Trade Representative’s plan to impose additional tariffs on China and 59 other economies over alleged forced labor, while welcoming Washington’s signal that tariff reductions may be considered for non-sensitive products. China’s Ministry of Commerce (MOFCOM) posted on social media platform X to state that it opposes unilateral trade restrictions and pointed to a newly agreed “Board of Trade” mechanism to negotiate reciprocal tariff cuts. China’s position on the Section 301 investigation remains unchanged, the Chinese Commerce Ministry said. “China opposes all forms of unilateral restrictive measures, including…
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