🚀 In a bold move, China is firing back at the latest tariff hikes announced by the U.S., promising countermeasures that could shake up global trade. 🛍️
This Sunday, China's Ministry of Commerce expressed strong dissatisfaction with the 10% additional tariff the Trump administration plans to impose on goods imported from the Chinese mainland. 😤
U.S. President Donald Trump signed an executive order on Saturday, setting the stage for increased tensions between the world's two largest economies. 🌐
\"In response to the U.S. side's wrong actions, China will file a lawsuit with the World Trade Organization and take corresponding countermeasures to firmly safeguard its own rights and interests,\" the ministry declared. ⚖️
China is urging the U.S. to reconsider its approach, hoping both nations can meet halfway to resolve the escalating trade dispute. 💬🤝
This latest development adds to the ongoing trade saga that has kept markets on edge and consumers worldwide watching closely. Stay tuned for more updates as this story unfolds! 📺
Reference(s):
China strongly opposes U.S. additional tariff and vows countermeasures
cgtn.com
