00:00The United States is considering new trade measures against China, while Beijing denotes unilateralism and protectionism, and warns it could
00:08respond from Beijing. Bruno Falschi has the details.
00:12Hello, comrades. I'm here in Beijing, where the United States is considering imposing an additional 7.5% tariff on
00:21Chinese imports, as part of a Section 301 investigation into alleged overcapacity in 16 economies, including China.
00:32The new measure would be added to the 12.5% tariff imposed on China by the United States last
00:41month in connection with the forced labor.
00:45This Thursday, the young Ling, the spokesperson from China's Minister of Commerce, responded to the unilateral United States action. Let's
00:56listen now to her words.
01:00Taking excess capacities as pretext, the United States has initiated a Section 31 investigation into 16 economies, including China, politicizing
01:11trade and economic issues, which is a typical act of unilateralism and protectionism.
01:16China firmly opposes it. We will continue to closely follow and fully assess subsequent U.S. measures and reserve the
01:23right to take all necessary countermeasures.
01:25On July 28, China published a position paper on so-called overcapacity, arguing that production and demand should be assessed
01:37from a global perspective,
01:39taking into account different stages of development and the characteristics of each industry.
01:46The new trade pressure comes amid a truce between the two powers and other trade disputes.
01:55On Wednesday, August 26, Chinese Foreign Minister Wang Yi met with the United States Ambassador to China, David Perdu, here
02:06in Beijing,
02:08where Wang said that China-United States relation still face various risks of challenges.
02:15And called for implementing the consensus reached by the two heads of state, properly managing difference and removing interference and
02:27obstacles to high-level exchange between the two superpowers.
02:33China and China and the United States are also maintaining conversation and communication over a possible meeting between the President
02:43Xi Jinping and the President Donald Trump.
02:46The United States President has invited Xi Jinping to visit the country on September 24,
02:54although the exact date has not yet been officially confirmed.
02:59With this news, from here, the capital of China will go back with you in the studios.
