🚨 Breaking News! The US administration under President Donald Trump has announced new tariffs on the Chinese mainland and other countries since February 1st. 🇺🇸💸
This move was justified by citing issues related to fentanyl production. However, many view this action as a political stunt, abusing national emergency powers to implement tariff hikes. 📈🤔
Experts argue that such a strategy is not only detrimental to the US economy but also harms global trade relations. 🌐⬇️
On February 2, a spokesperson for China's Ministry of Commerce responded by saying that the US's unilateral imposition of tariffs seriously violates World Trade Organization (WTO) rules. 📢⚖️
Not only does this fail to address domestic issues within the US, but it also undermines economic and trade cooperation between the US and the Chinese mainland. 🔄💔
Reference(s):
US abuse of national emergency powers harms itself and world
cgtn.com
