Economy

China Vows Strong Countermeasures Against US Tariffs, Escalating Trade Tensions

China's Firm Stand Against US Tariffs

The Chinese Ministry of Commerce has expressed its strong opposition to the new 10% tariff on all Chinese goods announced by United States President Donald Trump. The ministry labeled the move as a "serious violation" of World Trade Organization (WTO) rules, emphasizing its detrimental impact on US-China economic and trade cooperation.

Call for Dialogue and Cooperation

In response to the tariffs, China urged the United States to correct its approach and engage in constructive dialogue. The ministry highlighted the importance of addressing issues through cooperation and mutual respect, aiming to resolve differences and strengthen bilateral relations.

Legal Action and Countermeasures

China plans to challenge the US's "wrongful practice" by filing a lawsuit with the WTO. Additionally, the country is prepared to implement countermeasures to protect its rights and interests, signaling a potential escalation in the ongoing trade dispute between the two global powers.