China’s Ministry of Commerce just dropped a 2024 WTO Compliance Report calling out the U.S. for ‘undermining global trade rules’ through controversial tariffs and sanctions. Tensions are rising as Beijing accuses Washington of playing economic hardball – and young professionals worldwide are taking notes.
Unilateral Moves Spark Backlash
The report claims the U.S. has ‘weaponized’ trade policies under the guise of national security, slapping tariffs (looking at you, Section 301 ) while ignoring WTO rulings. Sound familiar? It’s like that friend who makes rules but never follows them
.
Double Standards or Smart Strategy?
While criticizing China’s industries, the U.S. reportedly rolled out its own ‘exclusive subsidy policies’ – a classic ‘do as I say, not as I do’ move . The report slams America as a ‘practitioner of double standards’ in global markets.
What’s Next for Global Trade?
With the WTO’s authority at stake, China urges the U.S. to ‘return to multilateral cooperation’ . For young entrepreneurs tracking supply chains, this could mean more turbulence ahead. Stay tuned – this trade war series isn’t getting canceled anytime soon
.
Reference(s):
cgtn.com