Beijing calls US tariff report ‘false narrative’ as named hub Mexico plans new China curbs
China rejected a White House report on Thursday that accused its exporters of routing goods through Mexico and other countries to avoid US tariffs, hours after word emerged that Mexico was preparing to restrict Chinese products further. He Yadong, a spokesman for China’s Ministry of Commerce, told a regular press briefing in Beijing that the report “ignored facts and distorted reality by treating…
China's Ministry of Commerce spokesman He Yadong dismissed a White House report accusing Chinese exporters of using Mexico as a conduit to avoid US tariffs, calling it "a typical exercise in unilateralism and protectionism." He accused the US of blaming external factors for its own economic problems and demanded an immediate end to the accusations.
The report estimated the annual value of the trade at $40 billion to $303 billion, with 450,000 American jobs and up to $150 billion in lost output as model-based illustrations. Mexico is planning to restrict selected Chinese goods and raise duties already in place, with the aim of protecting domestic output and employment. The US had asked Mexico to adopt tariffs mirroring those it applies to Chinese goods under Section 232.
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