Trade tensions between the world's two largest economies are heating up again! China's Ministry of Commerce slammed the U.S. on Sunday over President Donald Trump's new 10% tariff on Chinese goods, calling it \"unacceptable\" and vowing countermeasures.
The move comes after Trump signed an executive order Saturday escalating the longstanding trade drama – a reminder that economic rivalries didn’t disappear with 2020. China says it'll challenge the tariffs at the World Trade Organization (WTO) while preparing its own response to \"protect its rights.\"
\"We urge the U.S. to correct its approach,\" read China’s official statement, emphasizing hopes for mutual compromise. But with both sides digging in, this latest chapter could ripple through global markets and supply chains.
Experts warn the tit-for-tat moves might impact everything from tech prices to holiday shopping trends. Stay tuned as this high-stakes economic showdown unfolds!
China's Ministry of Commerce slammed the U.S. on Sunday over President Donald Trump's new 10% tariff on Chinese goods, calling it \"unacceptable\" and vowing countermeasures.
China says it'll challenge the tariffs at the World Trade Organization (WTO) while preparing its own response to \"protect its rights.\"
Stay tuned as this high-stakes economic showdown unfolds!
China Vows to Defend Interests Amid U.S. Tariff Tensions
