China announced this Sunday that it will take corresponding measures to protect its rights and interests after the United States imposed a 10% tariff on Chinese products. The Ministry of Commerce of China expressed its firm opposition to these tariffs and announced that they will file a complaint with the World Trade Organization for practices considered unlawful by the U.S.
"China strongly opposes these tariffs," the official statement indicated. The Chinese government also emphasized the hope that Washington can address its own issues, such as fentanyl, objectively and rationally, without resorting to threats against other countries through the imposition of tariffs.
Amid escalating trade tensions between the two economic powers, this decision by the United States has generated a strong reaction from China, which claims that it will vigorously defend its interests and rights. "China reserves the right to take further measures," warned the Chinese Ministry of Commerce.
The escalation of trade tensions between China and the United States has created uncertainty in global financial markets. Both nations have been engaged in a trade war that has negatively impacted the global economy. The repercussions of this measure could significantly affect international trade and relations between two of the world's largest economic powers.