The Tariff Law, which was approved by China s top legislature after three rounds of deliberations going back to 2022, is the latest addition to Beijing s arsenal of trade defence instruments.
China was the second-biggest source of imported goods in the United States last year on a customs-cleared basis, losing the top spot it had held since 2008 to Mexico, official trade data shows.
U.S. Commerce Secretary Gina Raimondo expresses hope for "some results" in the next few months on issues such as export controls, having agreed with her Chinese counterpart to launch dialogue platforms.