(Source: w88 online sports bettingcom 2025-04-04)

On April 2, 2025, the US government announced that it would impose "reciprocal tariffs" on Chinese goods imported to the US. On April 4, China made a series of statements and issued several w88 online sports betting.

How do you view the speed and intensity of China's actions?

Take the Trump administration's "reciprocal tariff" policy, in the past 36 hours, China has introduced a number of powerful w88 online sports betting. How can we see the speed, intensity and intensity of China's actions?

Tu Xinquan, Director of the China World Trade Organization Research Institute of the University of International w88 online sports betting and EconomicsIntroduction, our counterattack speed this time is very fast and the strength is also very strong. Because the Trump administration's "reciprocal tariff" policy can be said to be the most destructive trade measure in the past eighty years.

Tu Xinquan said that China is one of the biggest victims of this "reciprocal tariff" and it is necessary to make a very strong response. As the world's largest trading power and second largest economic power, China has the obligation and ability to stand up first and take effective measures to counter these extreme mistakes of w88 online sports betting, which can even be said to be "the anger of heaven and people" and irresponsible trade protectionist actions.

From the series of countermeasures announced this time, it involves all aspects and fully reflects our strong reaction and firm attitude towards w88 online sports betting' unilateral trade protectionist measures this time. In addition, it also reflects that over the past years, our counter-to-demand toolbox is becoming more and more abundant, and we are now preparing for the trade war.

What does China implement export controls on Sino-heavy rare earth-related items mean?

On April 4, the spokesperson of the Ministry of Commerce responded to reporters' questions on the implementation of export control for Sino-heavy rare earth-related items, announcing that my country has implemented export control for seven categories of Sino-heavy rare earth-related items. What is this measure?

Tu Xinquan introduced that export control is a very important restrictive measure against China by w88 online sports betting. In the past, thousands of companies have been included in the US export control list. With the technological progress of my country in high technology, including key raw materials in recent years, we are actually able to launch a counterattack on export controls, especially in rare earths.

China is the largest rare earth producer and exporter, and we are leading the world in the production and processing of rare earth products. Rare earths are an indispensable raw materials in the production of high-tech industries, especially many weapons and equipment. They will have a relatively large impact on w88 online sports betting in the acquisition of raw materials, affecting the development and production of relevant high-tech products in w88 online sports betting, including the development and production of military products. This will make w88 online sports betting feel the backlash effect brought by its own trade protectionist measures, especially the so-called "reciprocal tariffs".

Will "peer tariffs" affect the realization of our expected economic goals this year?

Foreign trade plays an important role in my country's economic growth. Tu Xinquan continues to introduce whether my country's GDP growth rate will be affected in the future.

Tu Xinquan said that foreign trade is a very important driving factor for our economic growth. When we formulated our plan at the beginning of the year, we did not expect such a large-scale tariff increase. We had to face such a possibility that we would find great difficulties in achieving our expected economic growth target this year.

As a big country, China has very strong self-adjustment capabilities. We have a lot of room for "flash development and maneuvering". We can still help enterprises overcome difficulties by expanding domestic demand, including increasing support measures for enterprises, and at the same time create more new impetus for macroeconomic growth, so as to ensure that economic growth this year can perform relatively smoothly and avoid too much fluctuation.

Attached the original interview video link:https://content-static.cctvnews.w88 online sports bettingcom/snow-book/video.html?item_id=13298567682222413558&t=1743777673822&toc_style_id=video_default&track_id=9DF58BFA-96EB-4C4C-A5C7-D513192CAAAE_765558368181&share_to=wechat