TechFlow news, June 5 — According to Jinshi Data, the Ministry of Commerce held a regular press conference. MOFCOM spokesperson He Yongqian stated: China's position opposing the U.S. Section 301 tariffs is clear and consistent. The U.S. Section 301 tariff measures are typical acts of unilateralism and trade protectionism. Previously, a WTO panel ruled that the U.S. Section 301 tariffs violate WTO rules. The ultimate cost of these U.S. tariffs falls on American businesses and consumers, making it a classic lose-lose practice. We urge the U.S. side to completely eliminate all restrictive measures against China, including the Section 301 tariffs, and work with China to uphold the spirit of the Geneva economic and trade talks consensus, promoting healthy, stable, and sustainable development of China-U.S. economic and trade relations.
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