The Chinese Ministry of Commerce has expressed strong opposition to the United States' imposition of new 301 tariffs on Chinese semiconductor products. Ministry spokesperson He Yongqian stated that these tariffs violate World Trade Organization (WTO) rules and have prompted China to raise formal objections through official channels. The ministry warned that the tariffs could disrupt global supply chains and indicated that China is prepared to take retaliatory measures if the U.S. persists with its current approach. The development is being closely monitored by crypto markets due to its potential impact on trade and technology sectors.