China has expressed strong dissatisfaction and firm opposition to the United States' recent decision to impose a 10 percent additional tariff on Chinese goods. The announcement was made by China's Ministry of Commerce on Sunday, following the signing of an executive order by U.S. President Donald Trump on Saturday.
In a statement, the Ministry of Commerce criticized the U.S. action as a \"wrong approach\" and emphasized China's resolve to safeguard its own rights and interests. \"In response to the U.S. side's wrong actions, China will file a lawsuit with the World Trade Organization and take corresponding countermeasures to firmly safeguard its own rights and interests,\" the ministry declared.
The additional tariffs mark an escalation in trade tensions between the world's two largest economies. The 10 percent tariff on Chinese imports signals a significant shift in U.S. trade policy and has raised concerns over the potential impact on global markets.
China is urging the United States to reconsider its actions, emphasizing the importance of mutual respect and cooperation. \"China urges the U.S. to correct its approach and hopes the U.S. and China can meet each other halfway,\" the ministry stated.
Analysts note that the dispute could affect international trade relations and economic stability. Both nations have significant roles in global supply chains, and prolonged tensions may have wider implications for businesses and consumers worldwide.
The Ministry of Commerce's response reflects China's commitment to protecting its economic interests while advocating for a resolution through established international mechanisms like the World Trade Organization.
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China strongly opposes U.S. additional tariff and vows countermeasures
cgtn.com
