China Opposes New US Tariffs and Plans Countermeasures
China firmly opposes new U.S. tariffs on its exports and declares intent to implement countermeasures in response to U.S. President Trump’s global tariff imposition, raising concerns of a trade war.
On Thursday, China announced its firm opposition to the newly imposed wide-ranging tariffs by the United States on its exports, asserting a commitment to implement countermeasures to protect its rights and interests. This revelation comes in light of U.S. President Donald Trump’s recent decision to impose a 10 percent tariff on imports globally, which has raised concerns of a significant global trade war, particularly affecting key trading partners.
In summary, China’s strong rebuttal against the U.S. tariffs highlights escalating tensions in international trade. The potential trade war initiated by these actions poses risks to global economic stability. China’s commitment to implement countermeasures underscores the severity of its stance against these tariffs.
Original Source: www.djournal.com
Post Comment