China commerce ministry official says new U.S. tariff plan harms…

BEIJING (Reuters) – China’s assistant commerce minister said on Wednesday that the latest proposed tariffs from the United States harms the World Trade Organization system and hurts globalization.

  • FILE PHOTO: Shipping containers are seen at a port in Shanghai, China July 10, 2018. REUTERS/Aly Song/File Photo
  • The Trump administration raised the stakes in its trade war with China on Tuesday, saying it would slap 10 percent tariffs on an extra $200 billion worth of Chinese imports.

    The Ministry of Commerce’s Li Chenggang said the only correct choice for China-U.S. relations was cooperation.

    Li said China’s determination to improve the domestic business environment and its support for the multilateral trading system will not change.

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