19 Hrs
Source:
الاقتصادية
China denounces Trump's new tariffs
The United States has imposed tariffs ranging from 10% to 12.5% on imports from 60 countries, including China, aimed at combating products linked to forced labor. China condemned the move, considering that trade wars are not in anyone's best interest, and warned that these measures could lead to an escalation of trade tensions between the two countries. These tariffs come after the reversal of some temporary exemptions previously granted by Trump, while the US Trade Representative reiterated Washington's commitment to banning the import of goods associated with forced labor, with lower tariffs imposed on countries that enforce prohibition laws. These actions threaten to end the trade truce between China and the United States and increase the likelihood of escalating trade disputes between the world's two largest economies.
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