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How does the Ministry of Commerce respond to the tariff increase?
On April 5, US President Trump instructed the Office of the US Trade Representative to consider whether it is appropriate to impose tariffs on an additional $654.38 billion of goods imported from China according to the "30 1 Investigation". This action was actively supported by the Office of the US Trade Representative that day. The specific goods subject to tariff increase have not been given yet.

This sudden news made the market react fiercely. US stock futures and international oil prices plummeted, while gold prices climbed above the $65,438 +0.330/ oz mark.

At noon on April 6 th, Beijing time, the spokesman of the Ministry of Commerce once again stood firm when asked by the media: "We don't want to fight, but we are not afraid of a trade war." He said: "China will accompany us to the end, resolutely fight back at any cost, and will definitely take new and comprehensive measures to resolutely defend the interests of the country and the people."

At a time when China and the United States are constantly overweight on the trade balance, people may still care about what areas Trump's "1000 billion" will involve? What other cards will China play to counter Trump's "1000 billion"?

People will also ask, will China's reform and opening-up process be hindered? A spokesman for the Ministry of Commerce said in a speech on April 6: "China will continue to expand reform and opening up, safeguard the multilateral trading system and promote the liberalization and facilitation of global trade and investment."