Europe and US consider imposing new tariffs on China’s steel and aluminum?

Currently, exports to the United States account for only 1.3% of the total
According to the Associated Press of Finance and Economics, on December 6, Chinese Foreign Ministry Spokesperson Mao Ning held a regular press conference. Reuters asked how the United States and the European Union were considering imposing tariffs on Chinese steel and aluminum.
Mao Ning said, because I don’t know what kind of tariff you are talking about or what kind of situation you are talking about. As a principle, China has always opposed unilaterally and illegally imposing tariffs in violation of WTO rules, which is not conducive to either party. China will also take all necessary measures to safeguard its legitimate rights and interests.
At present, China is the largest iron and aluminum producer in the world. According to the statistics of China’s Iron and Steel Network, China exported 1.509 million tons of steel to ASEAN in October this year, a quarter on quarter increase of 25%, while exports to South America have declined for two consecutive months, a quarter on quarter decrease of 26.5%. In 2021, the sales volume of China’s exports to the United States will be reduced to less than 1 million tons, accounting for only 1.3% of China’s total alloy exports.

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