At the WTO’s second General Council meeting of 2025 in Geneva, China expressed grave concern over U.S. "reciprocal tariffs" that challenge the stability of global trade. The Chinese delegation stressed that a stable, open, and rules-based trading order benefits everyone in our increasingly connected world. 🌏
China’s proposal calls for WTO members to unite by increasing transparency, enhancing monitoring, and stabilizing trade relations — much like how a tight-knit tech startup team works together to innovate and grow. 🚀
The proposal outlines three key pillars: stability, development, and reform. It suggests expanding market access for least developed countries, boosting trade-related support for developing nations, and urgently reforming WTO rules to address emerging challenges like climate change and supply chain resilience.
This approach has received widespread support from WTO members such as Brazil, Russia, Pakistan, and Antigua and Barbuda, who emphasize the importance of upholding the multilateral trading system and the most-favored-nation principle in today’s dynamic trade environment.
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China expresses concern over U.S. 'reciprocal tariffs' at WTO
cgtn.com
