China Vows to Act After US Calls for Tariffs on Steel Products
- Beijing urges Washington to stop boosting levies on its goods
- Biden proposes raising tariffs on Chinese steel, aluminum
Workers check rolls of sheet aluminium at a factory in Wuhan, China.
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China slammed a US plan to impose new restrictions on its steel and aluminum products, saying it will take action to protect the country’s interests.
The US is “arbitrarily slapping tariffs on Chinese products,” politicizing economic issues and undermining the security of the global supply chain, the Ministry of Commerce said in the statement on Thursday. China urges US to stop increasing tariffs and pledges to take all necessary measures to defend its rights, it said.