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Breaking-News >> WorldNews China launches U.S. “reciprocal tariffs” in WTO and calls for global service trade order
On October 3, local time, the World Trade Organization held the third annual meeting of the Council for Trade in Services in Geneva, Switzerland. China took the initiative to set up topics and submitted a position paper on "WTO Members 'Shared Responsibility to Strengthen and Stabilize Global Trade in Services", exposing and criticizing the unilateralism and protectionist nature of the United States "reciprocal tariffs", and pointing out that the United States' restrictive measures have negative effects on global trade in services. The spillover impact requires the United States to effectively abide by WTO rules and work with all parties to promote the healthy and stable development of global trade in services. China pointed out that service trade is becoming an important engine to drive global trade growth, bringing more opportunities for the majority of developing countries to integrate into the global value chain. The U.S. "reciprocal tariffs" measures have triggered global trade turmoil, its negative impact has spread to the service trade area. China stressed that the U.S. service trade import and export scale is stable in the world's first place, has long been the world's largest service trade surplus country, but the U.S. has intended to take one-sided and misleading narrative, only talking about goods trade "loss", avoidance of service trade "profit", is a typical "double" approach. At present, U.S. unilateral measures are weakening the confidence of the global business community, disrupting the global China demands that the United States effectively abide by the rules of the WTO, strengthen dialogue and cooperation with all parties, and jointly safeguard the prosperity and stability of global trade in services.China is willing to work with all its members to deepen the level of opening up in the field of trade in services and contribute greater strength to the healthy and stable development of global trade in services. The members of India, Brazil, Egypt, Pakistan and other countries actively addressed China's remarks, stressing that the multilateral trade system provides an important rule foundation for the operation of global trade, and that an open, inclusive, stable and non-discriminatory multilateral trade order is crucial for the continued development of countries.The service industry is an important part of the global supply chain, is the future of global trade, and all parties should adhere to the spirit of consultation and cooperation, ensure the stability and predictability of regulatory policies, and jointly promote the healthy and stable development of global trade. News raw data sources → https://world.huanqiu.com/article/4OaISA11yIU 17WorldNews[2025.10.04-08:16] 访问:37
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