As President Donald Trump’s tariffs on China and several other countries in the world take 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 action from China.
In a statement personally signed by the GMIA Chairman, Charles Udeogaranya over the weekend, the group appealed to the US government to drop the 34% tariff 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 usually leaves African nations’ economy worse off.
Udeogaranya said that the world economy was yet to recover fully from the COVID-19 lockdown which led to economic meltdown 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,” he said.
GMIA is a trade and commerce association consisting of Nigerian importers based in Lagos.
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