Home » today » Business » China has accused the US of stoking the largest commerce warfare in historical past – 2024-07-01 04:52:48

China has accused the US of stoking the largest commerce warfare in historical past – 2024-07-01 04:52:48

/ world in the present day information/ The US authorities violated the principles of the World Commerce Group (WTO) and began the largest commerce warfare in historical past. This was said in an official assertion by the Ministry of Commerce of China.

The US on July 6 started levying a 25% import tariff on some $34 billion price of Chinese language items. The US broke WTO guidelines and initiated the most important commerce warfare in financial historical past so far”famous the ministry’s assertion.

In China, they assured that Beijing wouldn’t “strike the primary blow”, however careworn that it might be essential to take countermeasures.

The ministry additionally intends to tell the WTO concerning the state of affairs and proceed working with international locations around the globe “to collectively defend free commerce.”

Translation: world in the present day information

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