Trump’s Trade War| After Mexico and Canada, China Hits Back at Trump’s Tariffs; to Sue US at WTO
Video Credit: Oneindia - Duration: 04:17s - Published
Trump’s Trade War| After Mexico and Canada, China Hits Back at Trump’s Tariffs; to Sue US at WTO
China has announced plans to file a lawsuit at the World Trade Organization (WTO) in response to U.S. President Donald Trump's new tariffs on Chinese goods.
The tariffs, which are set to take effect on February 4, will include a 25% tax on imports from Mexico and Canada, and a 10% tariff on Chinese goods.
The move has sparked backlash from Beijing, with the Commerce Ministry calling it a violation of WTO rules and a threat to global economic cooperation.
In retaliation, China vowed to take countermeasures to protect its interests, though the specifics were not disclosed.
The Chinese government has also condemned the U.S. approach, arguing that it fails to address the root causes of illegal drug imports and migration issues, which Trump cited as the rationale for imposing the tariffs.
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Hong Kong is up in arms after the U.S., under Trump’s trade policies, imposed a 10% tariff on its exports—treating the region just like mainland China! Officials are calling it a direct attack on "One Country, Two Systems," as goods from Hong Kong are now forced to bear a "Made in China" label. With Hong Kong preparing to challenge the move at the WTO, the trade war is heating up once again! Will this push Hong Kong further into Beijing’s grip?
#HongKong #USChinaTradeWar #TrumpTariffs #MadeInChina #OneCountryTwoSystems #TradeWar #Geopolitics #WTO #HongKongTrade #BreakingNews
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There's a range of options for the EU to open trans-Atlantic negotiations to persuade US President Donald Trump not to slap harmful tariffs on EU goods, the former EU trade commissioner and WTO chief told Euronews.
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China has announced tariffs ranging from 15% to 25% on US imports, including coal, LNG, and crude oil, in response to Donald Trump’s trade measures. The Chinese Ministry of Commerce condemned the US's unilateral tariff hike, calling it a violation of WTO rules. Meanwhile, China’s market regulators have launched an antitrust investigation into Google, adding further tension. As Trump's 10% tariff takes effect, Beijing warns of additional countermeasures, emphasizing that no one wins in a trade war. The standoff escalates global economic uncertainty amid diplomatic strains.
#China #Trump #TradeWar #Tariffs #USChinaRelations #EconomicTensions #Imports #Exports #WTO #GlobalTrade #DonaldTrump #XiJinping #USPolitics #ChinaEconomy #Sanctions #BusinessNews #BreakingNews #USImports #OilPrices #TradeConflict #Peripheral
The US is prepared for war with China if necessary, Pentagon chief Pete Hegseth stated amid escalating trade tensions. His remarks follow Beijing’s threat of tariff retaliation after President Trump doubled tariffs on Chinese imports. China responded with new levies and restrictions on US firms. Meanwhile, Hegseth emphasized US military readiness as key to deterrence, saying strength prevents conflict.
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China U.S Trade War :
The China-U.S. trade war has escalated as Beijing imposes a 15% tariff on key U.S. food commodities, targeting agricultural exports like soybeans, corn, and meat. This retaliatory move follows recent U.S. sanctions and trade restrictions on Chinese technology firms. With tensions mounting between the world’s largest economies, global markets brace for potential disruptions. China U.S Trade War
#ChinaU.STradeWar
#ChinaTariffs #TrumpTariffs #ChinaUSTrade #TariffWar #ChinaVsUS #TradeWar #ChinaImports #TariffsOnChina #USChinaRelations #ChinaExports #ChinaTradeDeal #TrumpChina #USTariffs #ChinaTradeTensions #ChinaRetaliation
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