China Plans Countermeasures Against New US Tariffs
China Plans Countermeasures Against New US Tariffs

China Plans Countermeasures Against New US Tariffs

News summary

China's Ministry of Commerce has firmly opposed U.S. President Donald Trump's announcement of an additional 10% tariff on Chinese imports, which is set to take effect alongside similar tariffs on Canadian and Mexican goods. The Chinese government accused the U.S. of 'shifting the blame' regarding the fentanyl crisis and emphasized that it has one of the strictest anti-drug policies in the world. Beijing warned that it would implement 'all necessary countermeasures' to protect its interests if the U.S. continues on this path, framing the tariffs as violations of World Trade Organization rules. The tensions reflect ongoing challenges in U.S.-China relations, exacerbated by trade and public health issues. Analysts have noted the potential for an escalating trade war, which could have significant repercussions for both economies. China's response aligns with its historical stance on protecting its trade interests while seeking a return to dialogue for dispute resolution.

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