PQC: These fucking “leaders” a.k.a (the State and Its Government) play people lives with their so-called “national interests”. You see “national interests” are not people’s interests. On the contrary, more than often “national interests” are people’s disadvantage that even results in disasters i.e war. The two so-called world wars with hundreds of millions death have not taught “we, the people” anything about the State and its government at all!
As of April 2, 2018, China has suspended tariff reduction obligations on certain imported goods originating in the United States.
April 1, 2018 Source: Customs Department
With the approval of the State Council, the Customs Tariff Commission of the State Council has decided to suspend duty concessions on certain imported goods originating in the United States and implemented it on April 2, 2018.
On March 8, 2018, US President Trump signed an announcement confirming that imported steel and aluminum products threatened US national security and decided to impose tariffs (ie 232 measures) on imported steel and aluminum products from March 23. The 232 measures violated the relevant rules of the World Trade Organization and did not comply with the “security exceptions” provision, which actually constituted safeguard measures. The measure was implemented on March 23 and caused serious damage to our country’s interests. In order to safeguard China’s interests and balance the losses caused by U.S. 232 measures to China’s interests, I’ve suspended tariff concessions on 7 types of 128 imported goods originating in the United States since April 2, 2018, based on the current applicable tariff rates. Tariffs have been imposed on the importation of tariffs on 120 items of imported goods such as fruits and products, and a tariff rate of 25% on 8 items such as pork and products. The current policy of tax-free and tax-exemption remains unchanged.
China’s advocacy and support for the multilateral trading system and the suspension of tariff concessions to the United States are legitimate measures taken by China to use the rules of the World Trade Organization and safeguard its interests.