The United States has announced a new round of tariffs on imports from China, imposing a 10% levy on all goods. U.S. President Donald Trump signed an executive order on Saturday, signaling a significant escalation in trade tensions between the two nations. The move has sparked widespread concern both domestically and internationally.
The White House stated that the tariffs would apply to all imports from China, in addition to existing duties. President Trump remarked that the tariffs align with his administration’s protectionist trade policies, aiming to boost domestic industries.
In response, Chinese Foreign Ministry spokesperson Mao Ning emphasized that China believes there are no winners in trade wars or tariff disputes. She reiterated China’s commitment to safeguarding its national interests. He Yadong, spokesperson for the Ministry of Commerce, echoed this sentiment, stating that tariff measures are detrimental not only to China and the United States but also to the global economy.
The executive order also included tariffs on imports from Mexico and Canada, imposing a 25% tariff on goods from both countries. Energy products from Canada are subject to a 10% tariff.
The international community watches closely as the situation unfolds, concerned about the potential impacts on global trade and economic stability. Businesses and consumers alike may feel the effects of increased costs and disrupted supply chains.
