China warns Trump about tariffs and threatens retaliation on supply chain deals
China cautioned the Trump administration against imposing tariffs on its goods, warning of retaliation against countries making deals to exclude China from supply chains. The trade framework agreed upon in June faces uncertainty, with potential for further tension or a lasting peace.
China warned the Trump administration against reinstating tariffs on its goods next month, threatening retaliation against nations cutting China out of supply chains. The trade framework agreed in June remains fragile, with details unclear. President Trump notified trade partners of higher US tariffs from Aug 1, with China having until Aug 12 to avoid additional import curbs. Dialogue and cooperation are emphasized as the correct path in the current China-US trade tension. The average US tariff on Chinese exports is 51.1%, while China's duty on US goods is 32.6%. China opposes deals cutting it out of supply chains and vows to protect its interests.
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