Beijing’s tariffs, “We firmly protect the legitimate rights and profits of companies, including US companies,” Vice President Ling JI said on Sundays.
He said, “It aims to return the United States to the right way of multilateral trade system,” he said.
“The root cause of the tariff problem is in the United States,” Ling said.
He urged the companies to take practical actions to jointly maintain the stability of the global supply chain and to promote mutual cooperation and win -win results.
China said on Friday that it would hit 34 %of the tariffs on all US imports by retaliation for the same level of charges announced by US President Donald Trump. In response to the confrontation, the trading layer was overcome by the wave of sales on Monday.
