China's countermeasures against U.S. unreasonable tariffs citing fentanyl remain effective: FM spokesperson
BEIJING, May 14 (Xinhua) -- The United States unreasonably imposed two rounds of tariffs on China under the pretext of fentanyl, and China promptly took countermeasures to firmly safeguard its legitimate rights and interests. "These countermeasures remain effective," a Chinese foreign ministry spokesperson said on Wednesday.
Spokesperson Lin Jian made the remarks at a daily news briefing when answering a query relevant to the tariffs between the two countries.
Lin said China and the United States had reached multiple positive consensuses during the economic and trade meeting in Geneva, agreeing to significantly reduce the level of bilateral tariffs.
The United States agreed to remove 91 percent of the additional tariffs on Chinese products and suspend the implementation of the 24-percent "reciprocal tariff." Accordingly, China will cut 91-percent countermeasure additional tariffs against U.S. imports and suspend a 24-percent countermeasure tariff, according to Lin, adding that each side will retain a 10-percent tariff.
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