• China criticized recent U.S. tariffs, claiming they could destabilize the global economy.
• The WTO meeting was initiated to address escalating trade frictions influenced by U.S. policies.
• The Chinese ambassador emphasized the need for international collaboration and adherence to WTO rules.

At the World Trade Organization (WTO) meeting on February 19, China condemned the tariffs imposed or threatened by U.S. President Donald Trump, warning that these so-called "tariff shocks" pose significant risks to global trade and could lead to a potential recession. The U.S. has initiated a sweeping 10% tariff on all imports from China, creating a ripple effect in international markets and prompting Beijing to respond with its own set of retaliatory measures.Source

The Chinese ambassador to the WTO, Li Chenggang, addressed the financial community, stating, "These ‘tariff shocks’ heighten economic uncertainty, disrupt global trade, and risk domestic inflation, market distortion, or even global recession.” He further expressed concerns over U.S. unilateral actions that compromise the established "rules-based multilateral trading system" which the WTO upholds.Source

This session marked a significant moment as it formally addressed the buildup of trade tensions on the agenda of the WTO's General Council. While the immediate responses from other countries, including the U.S.—which has yet to appoint a trade ambassador—remain uncertain, director-general Ngozi Okonjo-Iweala urged all members to maintain "cool heads" to avoid the escalation of trade wars.Source

China's call for discussion is perceived by some delegates as a strategic move to reinforce its commitment to WTO rules, enhancing its image in the ongoing global trade negotiations. Notably, disputes between the U.S. and China regarding trade policies predate Trump's administration. Washington has long accused Beijing of unfair trading practices and exploiting its "developing country" status under WTO regulations.

The ongoing tensions reflect broader challenges facing the WTO as member nations grapple with new realities in global trade dynamics. Trump's tariffs, particularly on steel and aluminum, have drawn criticism for their potential to incite "catastrophic" outcomes in international relations, prompting a call for equitable negotiations and reforms to the systematic framework of the WTO.