US Plans to Hike Section 301 Tariffs; China Trade Council Firmly Opposes
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The United States, citing suspected use of forced labor, plans to impose additional Section 301 tariffs on multiple countries, with a proposed rate of 12.5% on China. The China Council for the Promotion of International Trade (CCPIT) issued a statement on June 4, expressing strong dissatisfaction and firm opposition on behalf of Chinese business circles. It criticized the US measures as lacking international legal basis and being unilateral and protectionist, urging the US to stop trade restrictions and resolve differences through dialogue.