BEIJING, Dec. 25 (Xinhua) — China disagrees with the so-called
conclusions of the U.S. Section 301 investigation and firmly opposes the
imposition of additional Section 301 tariffs on Chinese semiconductor
products, a spokesperson for the Ministry of Commerce said on Thursday.
The Office of the United States Trade Representative recently
released the results of its Section 301 investigation into China’s
semiconductor policies, announcing plans to impose new Section 301
tariff measures on semiconductors from China. The action will begin with
an initial tariff rate of zero percent and rise within 18 months to a
level to be announced no fewer than 30 days before June 23, 2027.
China has noted the relevant situation and lodged stern
representations with the U.S. side through the China-U.S. economic and
trade consultation mechanism, spokesperson He Yongqian said at a regular
press briefing.
The U.S. unilateral tariffs violate WTO rules,
undermine the international economic and trade order, disrupt global
industrial and supply chains, and harm the interests of American
companies and consumers, said the spokesperson, urging the United States
to promptly correct its erroneous actions and revoke the related
measures.
China is willing to resolve concerns of each other
through equal dialogue and consultations with the United States based on
mutual respect, peaceful coexistence and win-win cooperation, said the
spokesperson, adding that if the U.S. side insists on harming China’s
rights and interests, China will take necessary measures to resolutely
safeguard its own rights and interests.
When asked whether the
Ministry of Commerce would relax curbs on rare-earth magnet exports to
the United States, the spokesperson said: “China has been committed to
maintaining the security and stability of the global industrial and
supply chains, and has actively promoted and facilitated compliant
trade.”