March 2, 2018 / 12:32 PM / 9 months ago

China says will act to safeguard its interests from U.S. tariffs

FILE PHOTO: A worker monitors molten iron pouring into a furnace at steel manufacturing plant in Hefei, Anhui province August 15, 2012. REUTERS/Stringer/File Photo

BEIJING (Reuters) - China will take measures to safeguard its interests if U.S. trade measures hurt Chinese interests, the Ministry of Commerce (MOFCOM) said in a statement on Friday.

U.S. President Donald Trump announced on Thursday that he would impose a 25 percent tariff on imported steel and a 10 percent tariff on aluminium to protect U.S.-based producers.

“China hopes the U.S. respects the multilateral trade system and maintains a normal trading order with the rest of the world,” Wang Hejun, head of MOFCOM’s Trade Remedy and Investigation Bureau, said in the statement.

“Most of the steel and aluminium products that the U.S. imports are middle- or low-end products and that has not damaged the national security of the country,” Wang said.

Reporting by Muyu Xu and Josephine Mason; editing by Jason Neely

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