Ministry of Commerce clarifies "three essentials" in China-U.S. trade talks
On 2 June, the State Council Information Office released a white paper on Chinese government's position in China-U.S. trade talks and held a press conference in Beiing. Officials from Ministry of Commerce and the State Council Information Office.ntroduced and interpreted the white paper and answered questions from reporters.As the U.S. increased the additional tariff on Chinese commodities worth USD200 billion to 25% from 10%, the China-U.S. trade talks suffered an extraordinary setback. Soon afterwards, the U.S. began to impose additional tariffs on Chinese commodities worth another USD300 billion. By abusing national security exception, he U.S. carried out import restrictions on some Chinese enterprises, which is onsidered as the reason for escalation of the trade friction. Accordina to one official.hree essentials for negotiation are mutual respect, meeting each other halfway as well as equity and mutual benefit.
Cangzhou Steel Pipe Group (CSPG) Co., Ltd. is a large-sized, key metallurgic enterprise of Hebei Province in North China, whose history dates back to 1994. CSPG currently em/paces six member companies with products varying from SSAW, LSAW, ERW, seamless steel pipes to 3PE pipes, galvanized pipes, casing pipes, etc. A Joint-stock corporation, CSPG occupies an area of 600,000 square meters with a total asset of $530 million.
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