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Firmly defend our legitimate rights and interests! China initiates two trade barrier investigations against the U.S.
Today, the spokesperson of the Ministry of Commerce answered questions from reporters regarding the initiation of two trade barrier investigations against the U.S.
Question: We have noticed that the Ministry of Commerce released two announcements to initiate trade barrier investigations regarding U.S. measures and practices. Could you provide more information on this?
Answer: On March 12, Beijing time, the U.S. Trade Representative’s Office launched a Section 301 investigation against China and 15 other economies citing “overcapacity.” Then, on March 13, it initiated another Section 301 investigation against China and 59 other economies for “not effectively prohibiting the import of products made with forced labor.” China expresses strong dissatisfaction and firmly opposes this.
To resolutely safeguard the interests of relevant Chinese industries, in accordance with the provisions of the Foreign Trade Law of the People’s Republic of China and the Rules for Investigating Foreign Trade Barriers, in response to the two U.S. Section 301 investigations against China, the Ministry of Commerce released two announcements on March 27, respectively initiating trade barrier investigations in retaliation against U.S. practices and measures that disrupt global supply chains and those that impede the trade of green products.
Going forward, the Ministry of Commerce will advance the trade barrier investigation against the U.S. based on relevant provisions of the Foreign Trade Law and the Rules for Investigating Foreign Trade Barriers, and will take corresponding measures based on the investigation results to firmly defend its legitimate rights and interests.
(CCTV reporter Ding Yani, Lin Shan)
Massive information and precise interpretation can be found in the Sina Finance APP.
Editor: Ling Chen