Chinese Vice Commerce Minister Wang Shuwen said that China's foreign trade is facing a state of uncertainty and enormous pressure due to domestic and external factors, including logistical problems and high raw material prices. .
China will adopt targeted measures to reduce costs, improve supply chains, and help foreign trade companies, Wang said at a press conference on Wednesday.
On Monday, US Commerce Secretary Gina Raimundo said US President Joe Biden had asked his team to reconsider the option of raising some tariffs set by the former president. Donald Trump on China.
These statements came amid tense relations between the two parties in light of Beijing's anticipation of the official position on Putin's decision to launch a military operation on Ukraine, in addition to the tense trade relations between the most powerful two economies in the world.
