China has issued a strong warning to countries considering trade agreements with the United States that could undermine Chinese interests, signaling potential retaliation amid escalating trade tensions. This development follows the U.S. administration’s imposition of sweeping tariffs on nearly all American trading partners, with particularly high duties targeting China. www.multilinks.biz
In response, China’s Commerce Ministry criticized the U.S. for employing coercive tactics and abusing tariffs to isolate China. The Ministry declared that any trade deals formed at China’s expense would prompt “strong reciprocal action,” emphasizing that compromising with the U.S. for short-term gains could backfire. www.multilinks.biz
China has already enacted retaliatory measures, including imposing 125% tariffs on U.S. imports and instructing its airlines to halt deliveries of Boeing jets. Additionally, there is speculation about China potentially reducing its holdings of U.S. government bonds, a move that could have significant implications for global financial markets. www.multilinks.biz
These actions underscore the intensifying trade conflict between the world’s two largest economies, raising concerns about the stability of global supply chains and economic impacts worldwide.
China Warns of Retaliation Amid Escalating Trade Tensions.
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