As President Donald Trump’s tariffs on China and several countries in the world takes effect, the Goods Made in China Importers Association (GMIA), has called on the United States government to withdraw the 34% tariffs imposed on Chinese goods, which has already attracted a retaliatory response from China.
In a statement personally signed by the GMIA Chairman, Charles Udeogaranya, over the weekend, appealed to the US government to drop the 34% tariffs against China, for the common economic good of the global market and de-escalate chances of global economic recession, which leaves global economy struggling and it usually leaves African nations economy worse off.
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Udeogaranya deposits that the world economy is yet to recover fully from the COVID-19 lockdown led economic recession and that’s a reason the US should not provoke another recession with trade wars led by provocative high tariffs.
“We strongly believe that China and the US should be the best of friends for the common economic gains and peaceful world, but tariffs and disrespect or undermining nation’s territorial integrity as often breached by the US on Taiwan, has no place in these.”
GMIA is a trade and commerce association consisting of Nigerian importers based in Lagos.
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