China says it opposes US tariffs on chips
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/16/2026
- S&P 500 ends higher as traders shift from AI to healthcare
- U.S. producer prices rise by 1.3% month-on-month in September
- Brent steady as US weighs easing sanctions on global 'shadow fleet'
- UBS now expects a third Fed rate hike after hot September inflation print
- Tesla-SpaceX Merger could be announced before December, Barclays says
Tweet
Share
E-mail
U.S. and Chinese flags are seen in this illustration taken March 20, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
BEIJING, Dec 24 (Reuters) - China said on Wednesday that it opposed the United States' "indiscriminate use of tariffs" and "unreasonable suppression" of Chinese industries when asked about Washington's plan to impose tariffs on Chinese semiconductor imports.
China urges the U.S. to correct its "wrong practices", and will take measures to safeguard its legitimate rights and interests if the U.S. persists in its actions, Lin Jian, a spokesperson for China's foreign ministry, said at a regular press briefing.
(Reporting by Ethan Wang and Ryan Woo; Editing by Himani Sarkar)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Dolce & Gabbana Beauty unit sees double-digit growth in 2026
- China targets practical action from global governance forum next week
- South Korea reviews expanding military mission in Middle East, report says
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
