China has fired back at a new U.S. report labeling it a 'primary concern' in global trade, calling the claims baseless and accusing Washington of hypocrisy. 🔥 The Chinese Commerce Ministry slammed the 2024 National Trade Estimate Report, released March 29, for lacking 'evidence' while criticizing China's policies as 'non-market' practices.
💡 Key Issue: The report targets China’s agricultural regulations and data policies, but Beijing insists its WTO compliance is 'internationally recognized.' A ministry spokesperson argued: 'The U.S. ignores WTO rules, uses 'national security' as an excuse for export controls, and blocks foreign firms from government contracts.'
Meanwhile, China accused the U.S. of 'America First' tactics—like unilateral tariffs and restrictive industrial policies—that 'distort fair competition.' 🛑 The statement urged Washington to 'stop false accusations' and uphold 'a just global trade order.'
🌐 Context: This clash comes as both nations navigate economic challenges, from tech rivalries to supply chain shifts. With China pushing back hard, the trade tug-of-war shows no signs of cooling. 📉
