🚨 In a bold move, China has voiced strong opposition to the recent 10% tariff imposed by the Trump administration on Chinese goods. The Ministry of Commerce of China expressed firm dissatisfaction with this decision on Sunday.
U.S. President Donald Trump signed an executive order on Saturday, imposing the new tariff aimed at Chinese imports. This move is part of the ongoing trade tensions between the two superpowers.
In retaliation, China announced it will file a lawsuit with the World Trade Organization (WTO) and implement corresponding countermeasures to safeguard its rights and interests. 🇨🇳💼
The Chinese Ministry of Commerce urged the U.S. to reconsider its approach, expressing hope that both nations can find a middle ground. \"We hope the U.S. and China can meet each other halfway,\" the ministry stated.
This development adds another layer to the complex trade relationship between the U.S. and China, with global markets watching closely. Stay tuned for more updates on this evolving story! 📈🌏
Reference(s):
China strongly opposes U.S. additional tariff and vows countermeasures
cgtn.com
