China’s Foreign Ministry spokesperson Mao Ning stepped up on Tuesday to respond to US President Donald Trump’s latest threat: imposing a 25% tariff on any country that does business with Iran. 🌏⚖️
Tariffs are basically extra taxes on imports or exports that tend to jack up prices for everyone—companies and consumers alike. 🤔 Mao Ning stressed "there are no winners in tariff wars," making it clear that Beijing thinks this kind of trade fight only hurts global markets.
This matters for South and Southeast Asia too. From smartphone parts to energy deals, many nations juggle trade links with both the US and Iran. A sudden 25% levy could ripple through tech supply chains, e-commerce, and even film and travel industries you’re into.
China won’t back down. Mao Ning vowed that "we will firmly defend our legitimate and lawful interests," signaling Beijing is ready to push back against what it sees as unfair barriers. 💪
Trump originally flagged his plan in a social media post on Monday, warning partners that any Iran trade would trigger steep US duties. Now all eyes are on how this move will shake up global trade charts and everyday prices.
Stay tuned as markets react and governments mull their next steps—because in a hyper-connected world, tariff dramas can hit home fast. 📱💼
Reference(s):
China vows to defend interests as Trump threatens Iran-linked tariffs
cgtn.com
