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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.
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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