The Chinese business community is speaking out 📢 against the U.S.'s recent decision to slap an extra 10% tariff on goods imported from China. According to a spokesperson from the China Council for the Promotion of International Trade (CCPIT), these unilateral tariff hikes seriously violate World Trade Organization (WTO) rules and could mess up the normal economic vibes between China and the U.S.
Citing issues like fentanyl, the U.S. move has left Chinese businesses both frustrated and opposed 🙅♂️. The CCPIT spokesperson emphasized that the cost of this decision will hit American businesses and consumers hard, potentially shaking up global industrial and supply chains 🌐.
\"There's no winner in trade and tariff wars,\" the spokesperson said, reminding everyone that such actions won't fix the U.S.'s own issues, improve China-U.S. relations, or boost the global economy 📉.
The Chinese business community is urging the U.S. to rethink its strategy 🤔, meet China halfway 🤝, and work together with other countries to create a positive international environment. The goal? Mutual benefits and win-win results for both nations and the global business scene, injecting more stability and good vibes ✨ into the world's economic growth.
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Chinese business community slams U.S. unilateral tariff hikes
cgtn.com
