🔥 China Claps Back at U.S. Tariffs: Countermeasures on the Horizon 🚀
On Sunday, China's Ministry of Commerce expressed strong dissatisfaction and firm opposition to the 10% additional tariff announced by the Trump administration on Chinese goods.
U.S. President Donald Trump signed an executive order on Saturday imposing a 10% tariff on goods imported from China. This move has escalated tensions between the two economic giants.
In response, China plans to file a lawsuit with the World Trade Organization and take corresponding countermeasures to safeguard its rights and interests.
\"China urges the U.S. to correct its approach,\" the ministry said in a statement. \"We hope the U.S. and China can meet each other halfway.\"
This latest development adds another twist to the ongoing trade saga between the two nations, keeping global markets on edge.
Reference(s):
China strongly opposes U.S. additional tariff and vows countermeasures
cgtn.com
