Department of Commerce: The United States has no accusations on industrial subsidies that do not conform to the facts at all

Cover news reporter Teng Yan

On July 7, the Ministry of Commerce held a routine press conference, and there were media questions at the meeting. Some reports reported that the US President Biden's team is studying the options on the tariffs on China -US commodities. If the United States relaxs or cancels tariffs, will China take equal measures? Does the Ministry of Commerce expect that this initiative may have a impact on China's import and export? In addition, there are reports that the United States will begin a new round of investigation into China's industrial subsidies. What are the comments of the Ministry of Commerce?

A spokesman for the Ministry of Commerce, Shu Jingsing, responded that China always believed that the cancellation of all tariffs on China and Canada was conducive to China and the United States and the entire world. Many think tanks and research institutions in China and the United States have made calculations. The cancellation of all tariffs on China and Canada will have a substantial effect on reducing the level of inflation in the United States. Under the current high inflation situation, the United States cancels tariffs on China one day, and consumers and enterprises can benefit one day earlier. China and the United States should work together and work together to create an atmosphere and conditions for economic and trade cooperation, maintain the stable supply chain of the global trade and industrial chain, and benefit the people of the two countries and the people of the world.

Shu Jingsing emphasized that the United States has no accusations in industrial subsidies that do not match the facts of the Chinese side. Since China joined the WTO, it has carefully fulfilled the promise, complied with the various obligations of the WTO's "Subsidy and Anti -Subsidy Measures Agreement", and completely canceled the prohibition subsidy under the agreement. For other subsidies allowed by the WTO rules, China's subsidy level and methods are in line with WTO rules. China has always opposed trade protectionism such as 301 investigations and urges the United States not to introduce new trade measures.

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