Economy

China Vows Countermeasures Against US Tariffs, Opposing WTO Rule Violations

China's Firm Opposition to US Tariffs

In response to the new 10% tariff on all Chinese goods announced by United States President Donald Trump, the Chinese Ministry of Commerce has labeled the move as a 'serious violation' of World Trade Organization (WTO) rules.

Impact on US-China Economic Relations

The ministry highlighted the detrimental effects these tariffs have on economic and trade cooperation between the two nations. It called on the US to correct its approach and engage in meaningful dialogue to resolve disputes amicably.

China's Next Steps

China plans to challenge the US's actions by filing a lawsuit with the WTO and promises to implement countermeasures to protect its interests and rights.