- Analytics
- News and Tools
- Market News
- China’s foreign minister calls for the U.S. to remove tariffs and sanctions
China’s foreign minister calls for the U.S. to remove tariffs and sanctions
CNBC reports that China’s Foreign Minister Wang Yi called on the new U.S. administration to stop the “suppression” of Chinese technology companies, as he laid out conditions for U.S.-China cooperation going forward.
Citing national security concerns, former U.S. President Donald Trump sanctioned dozens of Chinese companies in the last three years.
China would like the U.S. to remove tariffs and sanctions on companies, and “abandon irrational suppression of China’s technological progress, so as to create necessary conditions for China-U.S. cooperation,” Wang said.
Wang also called for the U.S. to support international Chinese students and remove restrictions on cultural groups and media outlets in America.
While it remains unclear what exact action U.S. President Joe Biden might take, he has maintained a firm tone since taking office about a month ago.
Biden told European allies in a speech Friday that “we must prepare for long-term strategic competition with China.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
