The Ministry of Foreign Affairs responds to the significant reduction of tariffs between China and the United States: China's countermeasures against U.S. fentanyl remain effective.
Today, Foreign Ministry spokesperson Lin Jian stated that China and the United States reached multiple positive consensus on economic and trade talks in Geneva, agreeing to significantly reduce bilateral tariffs. The US side promised to cancel 91% tariffs and suspend the implementation of 24% equivalent tariffs, while China also canceled 91% retaliatory tariffs and suspended the implementation of 24% retaliatory tariffs, with both sides retaining 10% tariffs. The US unreasonably imposed two rounds of tariffs on China under the pretext of fentanyl, and China promptly took retaliatory measures including tariffs and non-tariff measures to firmly defend its legitimate rights and interests. These retaliatory measures remain effective.
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