
China Warns of Retaliation Against Countries Making Trade Deals with the US at Its Expense
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China has issued a stern warning to countries considering trade agreements with the United States that may undermine Beijing's interests. This statement follows reports that the Trump administration plans to leverage tariff exemptions to pressure nations into restricting trade with China.
The U.S. has recently imposed substantial tariffs on Chinese imports, with rates reaching 145%, prompting retaliatory measures from China, including 125% tariffs on U.S. goods. In response, Beijing has cautioned that any nation entering into agreements detrimental to China's interests will face "resolute countermeasures" .
Notably, Japan and South Korea have initiated trade negotiations with the U.S. to address these tariffs. Japan, in particular, is seeking to eliminate auto tariffs, which constitute a significant portion of its exports to the U.S. . These developments have led to trilateral discussions among China, Japan, and South Korea to coordinate responses to the escalating trade tensions .
The ongoing trade war has significant implications for global trade, especially for countries in Southeast Asia, which maintain substantial trade relations with both the U.S. and China. As the situation evolves, nations are navigating complex diplomatic and economic landscapes to safeguard their interests.