Regarding the China-US tariff negotiations, the Ministry of Commerce responds.

The Ministry of Commerce will hold a press conference at 3:00 PM this afternoon, where the spokesperson will introduce the key work in the field of commerce in recent times and answer questions from reporters. The Ministry of Commerce responded to the EU's plan to impose tariffs on imported steel: Currently negotiating with the EU, hoping to achieve a win-win outcome The spokesperson of the Ministry of Commerce, He Yadong, responded to questions about the EU's plan to implement a new steel tariff policy on July 1 this year, saying that the EU's move is essentially trade protectionism, which not only cannot protect the competitiveness of the steel industry but will also seriously impact Sino-European steel trade and affect the stability of the global production supply chain. Currently, China is negotiating with the EU within the framework of the World Trade Organization. China hopes to achieve a win-win result through negotiations, promote the stable and healthy development of Sino-European economic and trade relations. If the EU discriminates against Chinese companies and products, China will take corresponding measures to firmly defend its legitimate rights and interests. The Ministry of Commerce responds to the progress of China-US tariff negotiations: Both sides' economic and trade teams will agree on specific arrangements and push for implementation as soon as possible The spokesperson of the Ministry of Commerce, He Yadong, responded to questions about the progress of China-US tariff negotiations, saying that tariffs have always been a key issue in China-US economic and trade relations. Under the strategic leadership of the two countries' leaders, the economic and trade teams of China and the US have had in-depth communication on tariff issues and made arrangements. I want to reiterate that I hope the US will keep its promises and create positive conditions for the expansion of economic and trade cooperation between the two sides. At the same time, both sides have agreed in principle to discuss a framework for equivalent reductions in tariffs under the Trade Council, with each scale being $300 billion or more. The economic and trade teams of both sides will maintain close communication, agree on specific arrangements, and push for implementation as soon as possible. This article is reprinted from Caijing Society, GMTEight Editor: Chen Wenfang.