EUs statement on Sino US Trade Frictions: we will not choose side stations

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 EUs statement on Sino US Trade Frictions: we will not choose side stations


Overseas network April 22 Xinhua high officials on Saturday (21) local time (21) said that Europe will not be in the Sino US trade frictions between the frontier station, and said that the current EU iron and steel tariff exemption from the United States should be transferred to permanent immunity. According to Reuters, Pierre Moscovici (PierreMoscovici), the EUs economic and financial affairs commissioner, said 21 of the International Monetary Fund and the World Bank Conference in Washington this week, trade war will be one of the main issues he will discuss with American officials. Moss has said he has met with us commerce minister Ross, Federal Reserve Chairman Powell, US finance minister Ma chin and the White House chief economic adviser Kudelo and said in an interview, trade warfare is as destructive as all wars. We must find a way of soft landing in the current debate. This means that we should first find ways between the United States and the European Union, from the current temporary exemption to the final exemption. We are actively discussing with us friends in a constructive spirit. I hope we can make a decision before May 1st. President Trump announced a 25% tariff on imported steel products last month and 10% tariffs on imported aluminium products to deal with so-called unfair international competition, the report said last month. The move infuriated several countries including the European Union, and finally the United States decided to grant temporary immunity to Canada, Mexico, the European Union, Argentina, Australia, Brazil and South Korea. In addition, Trump threatened to impose a global trade war on the import of imported Chinese goods, Moss said that the solution should be achieved through the world trade organization, not through the trade war. Moss said that Europe will not choose sides between the United States and China. He said, choosing one side means that we are entering the confrontation atmosphere, which is not the way to solve the problem. Problems such as imbalance need to be solved, but not through confrontation. Prior to the Sino US trade frictions, Hua Chunying, a foreign ministry spokesman, reiterated in April 17th that on the US 301 investigation and the resulting Sino US trade frictions, we have clearly and firmly confirmed the Chinese position. The US sides behavior is typical unilateralism and naked economic hegemony. China and the United States are world powers. The economy is deeply integrated. We should respect each other and treat each other equally. Hua Chunying said that everyone has noticed that in recent days, the international community has appealed to the United States to respect the WTO and abide by multilateral rules. More and more people in the United States, including 107 trade associations, oppose the US sides actions of injure themselves. If the United States continues to move against the tide and willfully act arbitrarily, we will stand firm and resolutely uphold the sword and win the battle of multilateralism and free trade. This is not only to safeguard Chinas legitimate rights and interests, but also to safeguard the multilateral trading system and rules of the world. Source: Overseas editor: Cao Yi _NN5778 Prior to the Sino US trade frictions, Hua Chunying, a foreign ministry spokesman, reiterated in April 17th that on the US 301 investigation and the resulting Sino US trade frictions, we have clearly and firmly confirmed the Chinese position. The US sides behavior is typical unilateralism and naked economic hegemony. China and the United States are world powers. The economy is deeply integrated. We should respect each other and treat each other equally.