Hey there! Did you know that China and the United States are big buddies when it comes to trading goods and services? But recently, they’ve been having some disagreements.
What’s Happening?
The United States has been putting extra taxes, called tariffs, on things that China sells to the U.S. This makes those items more expensive. China doesn’t like this and says it’s not fair.
China’s Response 🇨🇳
An official from China’s Ministry of Commerce said that China doesn’t want a trade war because no one wins in a trade war. But if needed, China is ready to stand up for itself and protect its people’s rights.
Why Does It Matter?
When big countries like China and the U.S. have trade arguments, it can affect the whole world! 🌍 Things can become more expensive, and economies can slow down.
Working Together 🤝
China hopes that the U.S. will sit down to talk and solve these problems together. They believe that by cooperating, both countries can achieve great things and help the global economy grow!
The Big Picture
Trade is like sharing toys in a playground. If everyone plays fair and shares nicely, everyone has fun! China wants to keep sharing and playing nicely with the U.S.
So, let’s hope they can sort things out soon! 🌈✨
Reference(s):
China has abundant means to counter U.S. trade escalations: official
cgtn.com
