Responding to recent U.S. accusations that China violated the trade consensus reached in Geneva, a spokesperson from China’s Ministry of Commerce said Monday that Beijing is aware of the claims. The ministry stated that following the May 12 release of the Joint Statement from the China-U.S. Economic and Trade Meeting, China acted in line with the agreement by cancelling or suspending relevant tariff and non-tariff measures aimed at U.S. “reciprocal tariffs.”
The spokesperson emphasised that China has taken a responsible and consistent approach, faithfully implementing the terms of the agreement and working to uphold the outcomes of the Geneva talks. The ministry also reaffirmed China’s firm stance on defending its rights and said its actions reflect both sincerity and integrity.
China commerce ministry headlines:
- China is firm in safeguarding its rights and interests, and it is honest in implementing the consensus
- US has successively introduced a number of ‘discriminatory restrictive measures’ against China after talks in Geneva
- These practices by the US seriously violate the consensus reached by both sides
- US has made ‘groundless accusations’ against China for violating the consensus
- These practices by the US seriously violate the consensus reached by both sides
- China resolutely rejects these ‘unreasonable accusations’
- Urge the US to immediately correct the relevant ‘wrong practices’
- If the US insists on going its own way and continues to undermine China’s interests, China will continue to resolutely take forceful measures to safeguard its legitimate rights and interests
- Urge the US to immediately correct the relevant ‘wrong practices’
- If the US insists on going its own way and continues to undermine China’s interests, China will continue to resolutely take forceful measures to safeguard its legitimate rights and interests
This article was written by Eamonn Sheridan at www.forexlive.com.