China’s former trade chief says the nation’s tactics in the trade war with the U.S. are not well thought out. In criticizing the handling of the trade war, Long Yongtu told a Chinese media event that it was inappropriate to involve political considerations in trade talks, according to the South China Morning Post. The official said: “We don’t think deeply enough,” referring to the focus on politics rather than economic impact. He claimed it was “unwise” to impose tariffs on U.S. soybeans because “targeting agricultural products should be the last resort.” China responded at the beginning of the tit-for-tat trade war by implementing a 25 percent duty on U.S. soybeans, altering global soybean trade. Yongtu said, “China is in dire need of soybean imports.” China has sourced much of its recent soybean purchases from Brazil since the start of the trade war with the United States.
Former China Trade Chief Criticizes Handling of Trade War
