US Trade Representative Greer said in a recent interview with the media that the 10% global tariff implemented by US President Trump will be raised to 15% on “some” countries, and “may be higher for others.” At the same time, he said that tariffs on China are expected to remain at the current level because the US “does not want to increase tension,” and “we intend to actually abide by the agreement reached earlier.” Earlier, Greer said that he will continue to push forward the 301 investigation into China's implementation of the first phase of the Sino-US economic and trade agreement, and may adopt tariff measures. On February 25, China's Ministry of Commerce responded that after the first phase of the Sino-US economic and trade agreement came into effect in early 2020, China has earnestly fulfilled its obligations under the agreement, completed its commitments as scheduled in areas such as strengthening intellectual property protection and promoting the opening of financial and agricultural markets, and has also fully fulfilled its agreements in expanding trade cooperation. The Chinese side hopes that the US side will objectively and rationally view the implementation of the first phase agreement. If the US side insists on advancing relevant investigations, or even introducing restrictive measures such as tariffs on the grounds of investigation, China will take all necessary measures to resolutely defend its legitimate rights and interests.

US Trade Representative Greer said in a recent interview with the media that the 10% global tariff implemented by US President Trump will be raised to 15% on “some” countries, and “may be higher for others.” At the same time, he said that tariffs on China are expected to remain at the current level because the US “does not want to increase tension,” and “we intend to actually abide by the agreement reached earlier.” Earlier, Greer said that he will continue to push forward the 301 investigation into China's implementation of the first phase of the Sino-US economic and trade agreement, and may adopt tariff measures. On February 25, China's Ministry of Commerce responded that after the first phase of the Sino-US economic and trade agreement came into effect in early 2020, China has earnestly fulfilled its obligations under the agreement, completed its commitments as scheduled in areas such as strengthening intellectual property protection and promoting the opening of financial and agricultural markets, and has also fully fulfilled its agreements in expanding trade cooperation. The Chinese side hopes that the US side will objectively and rationally view the implementation of the first phase agreement. If the US side insists on advancing relevant investigations, or even introducing restrictive measures such as tariffs on the grounds of investigation, China will take all necessary measures to resolutely defend its legitimate rights and interests.