Hey there, friends! 👋 Have you ever traded toys with a friend and felt things weren’t fair? Well, something like that is happening between two big countries: China and the United States. 🌏🇺🇸
The United States decided to add a 10% extra tax on things they buy from China. This extra tax is called a tariff. Think of it like a fee added to the price of Chinese products sold in the U.S.
China is not happy about this. 😠 They feel it’s unfair and have decided to take action. China’s Ministry of Commerce said they will bring this problem to the World Trade Organization (WTO). The WTO is like a referee for international trade, helping countries play fair. ⚖️
China also plans to take steps to protect its rights and interests. They hope the U.S. will change its mind, and both countries can find a solution together. ✌️
This is important because when big countries disagree on trade, it can affect prices and the economy around the world. Let’s hope they can work it out! 🤞
Reference(s):
China strongly opposes U.S. additional tariff and vows countermeasures
cgtn.com
