Reported 22 days ago
China has cautioned the Trump administration against reigniting trade tensions by restoring tariffs on Chinese goods next month and has threatened retaliation against countries that make supply chain deals with the U.S. that exclude China. Amid a fragile truce established in June, the average U.S. tariff on Chinese exports has reached 51.1%, while Chinese tariffs on U.S. goods are at 32.6%. The official People's Daily emphasized the need for dialogue and cooperation, labeling Trump's tariffs as 'bullying' and stating that China will respond firmly to protect its interests.
Source: YAHOO