[REVIEW] September 5, Ministry of Commerce spokesman summit said that for the measures imposed tariffs of the United States, China's adequate counter-measures, but in the current situation, we believe that the issue should be discussed is the cancellation of the $ 550 billion China commodity tariffs further, to prevent trade wars continue to escalate.

Instrument Information Network News Ministry of Commerce held on September 1st at a regular press conference at 15:00 on September 5th, the spokesman released the recent focus on the work of the business world, and to answer media questions. Ministry of Commerce spokesman summit said the two sides will rise early October, the specific arrangements for the thirteenth round of Sino-US economic and trade high-level consultations held in Washington to discuss, in the case of the two sides fully prepared, will strive to achieve substantive consultations in early October of progress. Sino-US high-level talks are expected to reach a consensus through consultation, the final lift its $ 550 billion trade tariffs.

Peak said that for the measures imposed tariffs of the United States, China's adequate counter-measures, but in the current situation, we believe that the issue should be discussed is to cancel $ 550 billion of Chinese goods tariffs further, to prevent trade wars continue to escalate. The Chinese side made solemn representations with the US side on this. As China has repeatedly stressed, it is not conducive to China to upgrade trade war, against the United States, is not conducive to the interests of peoples of the world, there may even have disastrous consequences for the world.

Event Review:

US Eastern Time on August 23 afternoon, Beijing time on August 24 morning, the Office of the US Trade Representative USTR news, Trump has instructed US Trade Representative's office for about $ 550 billion worth of Chinese imports increase of 500% tariff.

Namely: For about $ 250 billion worth of Chinese imports imposed a 25% tariff, the United States Trade Representative notified and will seek the views begin to raise the tax rate to 30% on October 1.

US local time on August 29, the US Trade Representative's office (USTR) in the "Federal Register" (Federal Register) published notice, officially announced the increase of $ 300 billion in Chinese goods tariffs, increased from the original 10-15%, points two batches of implementation (September 2019 and 15 December 1st). In addition, the tariff rates will be $ 250 billion increase from 25% to 30% for public comment.

[Source: Instrument Information] Editor: pipe dawn