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Chinese business circles have strongly condemned proposed US measures to impose additional customs duties on imports from dozens of economies, including China, under the pretext of combating forced labor. The China Council for the Promotion of International Trade warned that these steps represent a 'flagrant violation' of multilateral trade principles and threaten serious disruption to global supply chains.
The 14th WTO Ministers' Conference in Yaoundé, Cameroon, concluded on March 30, with agreements reached on several issues, while key topics like organization reform and agriculture remained unresolved.
The World Trade Organization (WTO) is preparing for its 14th ministerial conference in Yaoundé, Cameroon, where the current suspension of tariffs on e-commerce is set to expire. This agreement, first adopted in 1998, prohibits tariffs on electronic transactions such as software downloads and live streaming.