China Reacts to US Tariffs with New Actions 🚀
Hey there! Did you hear about the latest news between China and the United States? Let’s break it down together!
What’s Going On?
The United States decided to add extra taxes, called tariffs, on products coming from China. In response, China announced its own set of actions to address this situation.
China’s New Measures
- Increased Tariffs: Starting March 10, 2025, China will add extra tariffs on some products from the US. This includes things like chicken, wheat, corn, and cotton (15% more) and items like soybeans, pork, beef, seafood, fruits, vegetables, and dairy products (10% more).
- Export Controls: China has placed 15 US companies on a special list, which means they can’t get certain items from China without approval. This is to ensure fair trade between the two countries.
- Unreliable Entity List: Some US companies have been added to this list, meaning they can’t do certain business activities in China anymore.
Why Does This Matter?
This is all about trade between two big countries. When countries trade, it affects the economy and the prices of goods. Actions like tariffs can change how much things cost and how easily countries can buy and sell things to each other.
What Did China’s Foreign Ministry Say?
Spokesperson Lin Jian said that China’s actions are meant to protect its interests. He also mentioned that the issues the US is concerned about, like the fentanyl problem, need cooperation to solve. He encouraged the US to work together with China.
Let’s Keep Watching!
International relations can be complicated, but they’re important because they affect people all around the world—including us! Stay tuned to see how these two countries continue to interact.
Reference(s):
cgtn.com
