Beijing threatens countermeasures against countries that ‘appease’ Washington in trade war


Source: theguardian.com theguardian.com

Key Topics in this News Article:

News Snapshot:

China has strongly criticised other countries making trade deals with the United States at Beijing’s expense, promising countermeasures against those who “appease” Washington in the blistering tariff war. While the rest of the world has been slapped with a blanket 10% tariff, China faces levies of up to 145% on many products. Beijing has responded with duties of 125% on US goods. A number of countries are now engaged in negotiations with the United States to lower tariffs, parallel to Washington’s full trade war against top US economic rival China. But Beijing warned nations on Monday not to seek a...