BEIJING, May 7 -- When China and the United States are inching ever closer to reaching a trade deal, the U.S. side suddenly announced to raise import taxes on Chinese products. The U.S. approach is indeed regrettable, and will not work.
China, in good faith, believes that cooperation and consultation are the best choice for both sides. The U.S. side must address the urgency of meeting China halfway to reach a mutually-beneficial trade deal on the basis of mutual respect, as soon as possible.
The U.S. side announced on Sunday that it will raise import taxes on 200 billion U.S. dollars worth of Chinese products from 10 percent to 25 percent from May 10.
In fact, it is not a new trick for the U.S. side to threaten of higher tariffs. Similar situations have happened many times over the past year since the trade frictions broke out.
China and the United States have conducted ten rounds of talks on trade frictions during shuttle diplomacy between Washington and Beijing. Negotiation teams have been working overtime to reach a deal that is good for both sides. At such a critical stage, the people of China, the United States and the world don't want to see the outcomes reached in previous talks return to square one.
China does not want and fear the trade war, but it has no choice but to fight back when necessary. After more than a year of consultation, China has a deeper understanding of the long-term sophistication and arduousness on bilateral trade issues.
【国内英语资讯:Commentary: Consultation still key to solve China-U.S. trade frictions】相关文章:
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