China and the United States will jointly push for the resumption of the 24% tariff that has been suspended by the U.S. side and the extension of China's retaliatory measures as scheduled.
By: theblockbeats.news|2025/07/29 16:42:44
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BlockBeats News, July 30th, Li Chenggang, Vice Minister of the Ministry of Commerce and Deputy China International Trade Representative, stated on the 29th that in the past day and a half, the Chinese and American trade teams, in accordance with the consensus reached during the June 5th phone call between the two countries' leaders, continued to play a role in the China-U.S. economic and trade consultation mechanism, engaging in in-depth, candid, and constructive exchanges on major issues of mutual concern. According to the consensus reached by China and the United States, both sides will continue to promote the 24% equivalent tariffs that the U.S. has suspended and the extension of China's retaliatory measures as scheduled. (Xinhua News Agency)
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