Ministry of Commerce: Resolutely oppose any party reaching a deal at the expense of Chinese interests in exchange for so-called tariff exemptions.

07:34 29/06/2025

The spokesperson for the news said that China is happy to see all parties resolve trade disputes with the United States through equal consultations.

On June 28, the spokesperson of the Ministry of Commerce answered questions from reporters regarding the tariff negotiations between the United States and relevant countries. The spokesperson stated that China is pleased to see all parties resolve their economic and trade disputes with the United States through equal consultations. At the same time, it called on all parties to always stand on the side of fairness and justice, on the side of historical correctness, and resolutely defend the international economic and trade rules and the multilateral trading system. China firmly opposes any party reaching a deal at the expense of China's interests in exchange for so-called tariff reductions. If this situation occurs, China will not accept it, and will resolutely take countermeasures to defend its legitimate rights and interests. Source: Ministry of Commerce, GMT Editor: Li Fo.

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100 billion is simply not enough to distribute! Investors are rushing to add to Anthropic, and the frenzy of oversubscription is pushing funding to 20 billion US dollars.

The Federal Reserve's Daly warns of vulnerability in the labor market, says it may be necessary to cut interest rates one to two more times this year.