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China says ‘arbitrary’ tariffs serve no one after US copper levy

Cover Image for China says ‘arbitrary’ tariffs serve no one after US copper levy

The International Energy Agency forecasts global copper consumption will increase by 25% to 33 million tonnes by 2035.

BEIJING: China said today that “arbitrary” tariffs such as the 50% levy on copper announced by US President Donald Trump on national security grounds “serve no party’s interests”.

“We have always opposed the overstretching of the concept of national security,” foreign ministry spokeswoman Mao Ning told a regular news conference.

“We have also always believed that there are no winners in tariff wars and trade wars, and the arbitrary imposition of tariffs serves no party’s interests,” she said.

Tags:aluminiumarbitrary tariffsChinacopperDonald Trumpelectric vehiclesEVexportsgreen energyIEA


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