Trade Tensions Escalate as China Condemns New U.S. Tariffs
China's Ministry of Commerce has slammed the U.S. for its latest 20% tariff hike on Chinese imports, calling it a 'protectionist overreach' that harms global trade stability. The move follows two back-to-back U.S. tariff increases since February, which Washington claims ties to fentanyl concerns – a claim Beijing sharply disputes.
🔥 On Tuesday, China doubled down by releasing a white paper titled 'Controlling Fentanyl-Related Substances – China's Contribution', showcasing its strict anti-drug policies. 'We've been proactive, transparent, and cooperative,' a ministry spokesperson stated. 'Using outdated stereotypes to justify tariffs is pure economic bullying.'
🌐 Experts warn these measures could derail recent efforts to stabilize U.S.-China relations. With both sides digging in, will we see a new era of trade wars – or will cooler heads prevail? Stay tuned.
