China's Ministry of Commerce Opposes Potential US Tariff Hikes

During a regular press conference on August 27, China's Ministry of Commerce spokesperson He Yadong addressed reports of the US considering an additional 7.5% tariff on Chinese imports. The Ministry criticized the US for initiating Section 301 investigations against 16 economies under the pretext of 'overcapacity,' labeling the move as politicized, unilateral, and protectionist. China stated its firm opposition and declared it would monitor the situation closely while reserving the right to take necessary countermeasures.