According to the news on the Ministry of Commerce's website on the 13th, a spokesperson for the Ministry of Commerce answered questions from reporters regarding the US exemption of "reciprocal tariffs" for certain products.
A reporter asked: Recently, the US announced an exemption of "reciprocal tariffs" for some products. What is China's evaluation of this?
Answer: On April 12 Eastern Time, the US announced in relevant memoranda that it would exempt "reciprocal tariffs" for certain products such as computers, smartphones, semiconductor manufacturing equipment, and integrated circuits. China is currently assessing the impact of this decision.
We note that this is the second adjustment made by the US regarding its related policies since it postponed imposing high "reciprocal tariffs" on some trade partners on April 10. This can be seen as a small step by the US to correct its mistaken approach of unilateral "reciprocal tariffs".
The issuance of so-called "reciprocal tariffs" through an administrative order not only violates basic economic laws and market rules but also shows disregard for the complementary cooperation and supply-demand relationships between countries. Since its introduction on April 2, the "reciprocal tariff" has failed to resolve any issues for the US itself and instead severely disrupted the international economic and trade order, seriously interfering with normal business operations of enterprises and people's daily lives and consumption, causing harm to both others and oneself.
China's position on Sino-US economic and trade relations remains consistent. A trade war has no winners, and protectionism offers no way out. As an old Chinese saying goes, "To untie the bell, one must find its knotter." We urge the US to listen to the rational voices from the international community and domestic parties and take a big step forward in correcting its mistakes by completely canceling the wrong practice of "reciprocal tariffs" and returning to the right path of mutual respect and resolving differences through equal dialogue.
Original article: https://www.toutiao.com/article/7492756528286515764/
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