Beijing “will take countermeasures...

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China cautions nations against making trade deals with the US that undermine its interests

China cautions nations against making trade deals with the US that undermine its interests

 Beijing “will take countermeasures in a resolute and reciprocal manner” if any country sought such deals, a ministry spokesperson said, addressing a news report that the Trump administration was preparing to pressure other countries to limit trade with China in exchange for tariff exemptions from the United States.

“United States has abused tariffs on all trading partners under the banner of so-called ‘equivalence’, while also forcing all parties to start so-called ‘reciprocal tariffs’ negotiations with them,” the spokesperson said.

China is determined and capable of safeguarding its own rights and interests, and is willing to strengthen solidarity with all parties, the ministry said.

The Trump administration is preparing to pressure nations seeking tariff reductions or exemptions from the U.S to curb trade with China, including imposing monetary sanctions, Bloomberg reported citing sources familiar with the matter.

Earlier this month, U.S. Trade Representative Jamieson Greer said nearly 50 countries have approached him to discuss the steep additional tariffs imposed by President Donald Trump.

Several bilateral talks on tariffs have taken place since, with Japan considering raising soybean and rice imports as part of its talks with the U.S. while Indonesia is planning to increase U.S. food and commodities imports and reduce orders from other nations.

 

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