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CN GAC: US Tariff Overreach Adversely Impacts Global Trade; CN Resolutely Advances High-Lv. Opening-Up
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Wang Lingjun, Deputy Director of the General Administration of Customs (GAC) of China, commented on 1Q25 trade performance. Regions, departments and trade entities in the country actively responded, despite increasing external challenges, so as to achieve a stable onset for China's foreign trade. Recent U.S. tariff impositions inevitably negatively impact global trade, including China-U.S. trade, Wang said. China promptly implemented necessary countermeasures to safeguard its legitimate rights and interests while defending international trade rules and fairness. China remains committed to high-level opening-up and mutually beneficial trade cooperation with other countries. Customs authorities will strictly enforce countermeasures against the U.S. to protect national sovereignty, security, and development interests. Meanwhile, they will accelerate smart customs development and international cooperation, innovate regulatory systems, enhance efficiency and service levels, facilitate enterprise customs clearance, and promote stable foreign trade growth. AAStocks Financial News |
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