China has slammed the U.S. over its new tariffs targeting $18 billion worth of Chinese goods, including electric vehicles (EVs), semiconductors, and solar cells. 🇺🇸➡️🇨🇳 The move, announced by the Biden administration on Tuesday, has escalated trade tensions between the world's two largest economies—and Beijing isn’t holding back.
⚖️ 'Politicizing Trade': China Fires Back
China's commerce ministry called the tariffs a \"typical case of political maneuvering\", accusing the U.S. of abusing trade rules to suppress competition. The ministry vowed to take \"resolute measures\" to protect its interests, urging Washington to cancel the tariffs immediately and avoid \"exacerbating tensions.\"
🔋 What’s Affected?
The tariffs hit key tech and green sectors:
EVs and lithium batteries
Semiconductors and solar cells
Steel, aluminum, and critical minerals
The Biden administration also maintained Trump-era tariffs on over $300 billion in Chinese goods. Analysts say the move could slow global efforts to fight climate change by stifling clean energy innovation. 🌍⚡
📈 The Bigger Picture
With both sides digging in, the dispute risks creating ripples across global supply chains, impacting prices for consumers and businesses worldwide. Will this turn into a full-blown trade war? Stay tuned. 👀
(Photo: Ministry of Commerce building in China. /CFP)
