On Sunday, China expressed strong opposition to new tariffs imposed by US President Donald Trump. The Chinese Ministry of Commerce announced plans to file a lawsuit with the World Trade Organization, arguing that the tariffs violate WTO rules. The US plans to impose an additional 10% tariff on Chinese goods, alongside existing duties, starting Tuesday. Trump also announced a 25% tariff on imports from Canada and Mexico, citing issues like illegal immigration and drug trafficking.
China's Ministry of Foreign Affairs criticized the tariffs, stating they would harm future cooperation on drug control. Mexican President Claudia Sheinbaum Pardo rejected Trump's claims of Mexican ties to criminal organizations and announced retaliatory tariffs. She suggested forming a working group to address shared concerns. Canadian Prime Minister Justin Trudeau also announced retaliatory tariffs on American goods, starting Tuesday.
The new tariffs have sparked widespread opposition, with concerns about their impact on international trade and cooperation. China's foreign ministry emphasized that trade wars have no winners and warned of damage to future bilateral relations.
Tariffs are like extra taxes that countries put on goods coming from other countries. This makes those goods more expensive, which can affect how much people buy them.
Donald Trump was the President of the United States from 2017 to 2021. He made decisions about how the US interacts with other countries, including trade policies.
The World Trade Organization, or WTO, is a group that helps countries trade with each other fairly. If countries have disagreements about trade, they can ask the WTO to help solve them.
Retaliatory measures are actions taken by a country to respond to something they don't like, such as new tariffs. It's like when someone does something to you, and you do something back to them.
Trade wars happen when countries keep putting tariffs on each other's goods. This can make it harder for countries to trade and can hurt their economies.
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