Hey fam! 📢 The Ministry of Commerce of the Chinese mainland just dropped its 2025 report on the United States’ WTO compliance, and it’s making waves 🌊.
In a nutshell, the report calls out the U.S. for:
- Trade Bullying: Slapping on “reciprocal tariffs” 🚫—basically charging fees on imports to match another country’s tariffs.
- Double Standards: Tweaking industrial policies to favor domestic players while penalizing others.
- Supply Chain Disruptions: Moves that shake up everyone’s tech gadgets, cars, and more.
Why it matters? 🤔 The WTO is like the referee of world trade, making sure everyone follows the same playbook. When a key player doesn’t stick to the rules, smaller countries can get knocked off balance.
China urges the U.S. to:
- Drop non-compliant measures ASAP.
- Get back to the WTO rulebook.
- Team up with other members to boost a fair and inclusive global economy 🌏.
For us in South and Southeast Asia, a stable trade system means smoother access to the latest tech, cool fashion, and all the fun stuff we love. Let’s watch how this story unfolds! 👀
Reference(s):
cgtn.com
