CCOIC Strongly Op­posed U.S. Sec­tion 232 In­ves­ti­ga­tion

China's Foreign Trade (English) - - Briefing -

The China Cham­ber of In­ter­na­tional Com­merce (CCOIC) has strongly op­posed the U. S. trade pro­tec­tion­ism act in the name of safe­guard­ing na­tional se­cu­rity.

Wang Xue­jia from CCOIC En­ter­prises’ Rights Pro­tec­tion Cen­ter voiced her strong op­po­si­tion on the U.S.’ deed as she was at­tend­ing a pub­lic hear­ing on its Sec­tion 232 in­ves­ti­ga­tion of im­ports of au­to­mo­biles and au­to­mo­tive parts on July 19 in the U.S. Depart­ment of Com­merce in Wash­ing­ton D.C.

Wang said, the pro­duc­tion and sales of U.S.’ au­to­mo­biles have main­tained steady growth since 2009. There­fore, the trade pro­tec­tion­ism act will def­i­nitely add more bur­dens to con­sumers, and in­crease U.S. un­em­ploy­ment rate, which has not only gone against the real pur­pose of Sec­tion 232 in­ves­ti­ga­tion, but also un­der­mined the global com­pet­i­tive­ness of auto in­dus­try, ig­nit­ing trade re­tal­i­a­tion and hence hav­ing neg­a­tive im­pacts on in­ter­na­tional trade or­der and global eco­nomic re­vival.

“China- made au­to­mo­biles ac­counted for less than 1% of the U. S. to­tal im­port in 2017. The ex­port of China’s auto parts last year was com­par­a­tively small and these auto parts were mainly as­sem­bled for com­mer­cial ve­hi­cles, which would def­i­nitely not be detri­men­tal to the U.S. na­tional se­cu­rity. There­fore, the U.S. should stop the in­ves­ti­ga­tion nor place any re­stric­tions on Chi­nese auto prod­ucts,” added Wang.

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