Overview

• China announced it will disregard further U.S. tariff hikes, labeling them a 'numbers game,' and has filed a new WTO complaint alleging rule violations.
• The U.S. has imposed tariffs on Chinese goods reaching up to 245%, including measures addressing the fentanyl crisis and unfair trade practices.
• Beijing has shifted to non-tariff retaliation, expanding export controls on rare-earth minerals critical to U.S. tech and defense industries.
• Chinese authorities initiated antitrust investigations into U.S. companies like Google and DuPont and restricted purchases of Boeing aircraft and parts.
• China replaced its lead trade negotiator with WTO envoy Li Chenggang and stated that future talks with the U.S. must be based on mutual respect and equality.