🚨 Trade tensions are heating up again! China is not happy 😠 with the latest move from Washington. On Sunday, the Chinese Ministry of Commerce expressed strong dissatisfaction and firm opposition to a new 10% tariff announced by the Trump administration on Chinese goods.
In case you missed it, U.S. President Donald Trump signed an executive order 📜 on Saturday to slap a 10% tariff on goods imported from the Chinese mainland. This move has certainly ruffled feathers in Beijing.
China isn't taking this lying down. The Ministry said it will file a lawsuit with the World Trade Organization (WTO) 🌐 and take corresponding countermeasures to firmly safeguard its own rights and interests. Talk about a show of strength! 💪
\"China urges the U.S. to correct its approach,\" the ministry stated, adding they hope both sides can meet each other halfway 🤝. It's a clear message: Let's resolve this before it gets out of hand.
For all the entrepreneurs and business enthusiasts out there 📈, this is a situation to keep an eye on. Trade tensions can ripple across global markets, affecting economies worldwide.
Stay tuned for more updates on this developing story! 📰
Reference(s):
China strongly opposes U.S. additional tariff and vows countermeasures
cgtn.com
