Levies seen disrupting global economic order
US tariffs hurt rules-based multilateral trade as world bears brunt, UN hears
China's ambassador to the United Nations on Wednesday said that US tariffs were "advancing hegemonic interests of the US at the cost of the legitimate interests of all countries".
The tariff policy "severely infringes upon the legitimate rights and interests of all countries, severely violates the WTO rules, severely undermines the rules-based multilateral trading system, and severely disrupts the global economic order", said Fu Cong, China's permanent representative to the UN.
He spoke at the UN Security Council Arria-formula, or informal, meeting on the impact of unilateralism and bullying practices on international relations on Wednesday. The meeting was hosted by China and attended by representatives from more than 80 countries.
