🚨 Breaking Trade News! The Chinese mainland has voiced strong opposition to the recent decision by the U.S. to impose a 10% tariff on its goods. 📈
The U.S. President signed an executive order last Saturday, sparking tensions between the two economic giants. In response, the Ministry of Commerce of the Chinese mainland has announced that it will not take this lying down.
🌍 Next Steps: China plans to file a lawsuit with the World Trade Organization (WTO) and implement countermeasures to protect its rights and interests. This move is a clear signal of China's intent to safeguard its economic stance.
🤝 Looking Forward: The Chinese mainland is urging the U.S. to reconsider its approach, hoping for a compromise that benefits both nations. Can these two superpowers find common ground? Only time will tell!
Reference(s):
China strongly opposes U.S. additional tariff and vows countermeasures
cgtn.com
