China urges US to cease coercive tariff tactics

In response to the United States' plan to impose 'reciprocal tariffs' on its trading partners, China's Ministry of Commerce expressed deep concern, stating that such measures violate World Trade Organization (WTO) rules and undermine the balance achieved over 80 years of multilateral negotiations. MOFCOM spokesperson He Yadong condemned the unilateral approach as an example of protectionism, warning that it could severely disrupt global supply chains and introduce uncertainty into international economic activities. He emphasized that trade wars yield no winners and urged the US to engage in equal consultations to address trade issues. Furthermore, many countries have voiced opposition to the US's tariff strategy. The remarks reflect China's broader strategy to strengthen trade ties, as seen in its ongoing negotiations with the European Union regarding electric vehicle tariffs. Despite external pressures, some analysts suggest that China's economic fundamentals remain stable, with potential rebounds in foreign direct investment.