In a significant escalation of trade tensions, China has issued a stern warning to countries considering trade agreements with the United States that could potentially harm Chinese interests. This development follows the Trump administration’s recent imposition of sweeping import tariffs, including a 145% duty on Chinese goods. In response, China has retaliated with tariffs of 125% on U.S. imports.
The Chinese Commerce Ministry emphasized that any trade deal reached at China’s expense would prompt reciprocal countermeasures. The ministry criticized U.S. tactics as economic bullying and advised against compromising others’ interests for short-term gains.
This situation places global markets on edge and puts nations like Japan, South Korea, and Taiwan in a challenging position as they navigate between two economic giants.
For a detailed analysis, read the full article from Transport Topics: China Warns Countries on Trade Deals With US
