China is urging the United States to remove tariffs as the latter’s exports hit a new record
China is urging the United States to remove tariffs as the latter’s exports hit a new record

China is urging the United States to remove tariffs as the latter’s exports hit a new record

A report by the US-China Business Council (USCBC) on US exports to China, which reached a new record in 2021 and helps support 860,000 US jobs, is further proof of the mutually beneficial nature of the economic and trade relations between China and the United States, China’s Ministry of Commerce recently said, urging the US government to do away with tariffs and stop the repression of Chinese companies.

In a recent report by the USCBC, State Department spokesman Shu Yuting said China hopes the US will remove tariffs on Chinese imports as soon as possible and stop their repression of Chinese companies, creating a normal atmosphere for expanding bilateral cooperation, reported Chinese media.

According to the US Export Report 2022, US merchandise exports to China grew by 21 percent to reach a record high of $ 149.2 billion in 2021 supported by growth in grain, semiconductors and energy products as global trade continued to recover from the pandemic .

A report by the US-China Business Council (USCBC) on US exports to China, which reached a new record in 2021 and helps support 860,000 US jobs, is further proof of the mutually beneficial nature of the economic and trade relations between China and the United States, China’s Ministry of Commerce recently said, urging the US government to do away with tariffs and stop the repression of Chinese companies.

Fibre2Fashion News Desk (DS)


Leave a Reply

Your email address will not be published.