Remarks at the Reception Commemorating the 80th Anniversary of the Victory of the Chinese People’s War of Resistance Against Japanese Aggression and the World Anti-Fascist War

On April 10, 2025, the U.S. government announced its decision to further increase its so-called "reciprocal tariffs" on Chinese exports to 125%. The U.S. imposition of exorbitantly high tariffs on Chinese goods constitutes a serious violation of international trade rules, defies fundamental economic principles and common sense, and represents nothing but unilateral bullying and coercion.

On April 2, 2025, the US imposed "reciprocal tariffs" on Chinese goods, disregarding international trade rules and infringing upon China’s legitimate rights. In response, China will levy additional tariffs on all US-origin imports starting 12:01 PM, April 10, 2025: • A 34% tariff will apply to all US goods, atop existing rates. • Bonded and duty-free policies remain unchanged; no exemptions for the new tariffs. • Goods shipped before 12:01 PM, April 10 but arriving by May 13, 2025, 24:00 a

On February 1, 2025, the U.S. government imposed a 10% tariff increase on all Chinese exports, citing concerns over fentanyl. This unilateral action violates WTO rules, fails to address domestic U.S. issues, and harms normal China-U.S. trade relations. In accordance with China’s Customs Tariff Law, Customs Law, Foreign Trade Law, and international legal principles—and with State Council approval—China will impose retaliatory tariffs on certain U.S. imports starting February 10, 2025: • 15% ad

Trade tensions, including U.S. tariff threats against Canada/Mexico and the EU’s proposed ban on Russian aluminum, are fragmenting supply chains. China’s cancellation of some aluminum export rebates further disrupts trade flows. Companies must optimize regional production networks (e.g., via Belt and Road partnerships) to enhance resilience.