Overview

• China's Ministry of Commerce has warned countries against trade agreements with the U.S. that harm Chinese interests, promising firm countermeasures.
• The U.S. has imposed tariffs of up to 145% on Chinese imports, with China retaliating with 125% tariffs on U.S. goods.
• Under its Anti-Sanctions Law, China threatens legal and economic repercussions for entities complying with sanctions targeting its companies.
• Boeing faces disruptions as Chinese airlines reportedly halt acceptance of U.S.-made aircraft, with two planes returning from China to the U.S.
• Countries like Canada, the UK, Vietnam, and the EU, led by Ursula von der Leyen, are in talks with Washington for tariff reductions while navigating Beijing's warnings.