Overview

• China's Ministry of Commerce has issued a firm warning to nations against striking trade agreements with the U.S. that compromise Beijing's interests, promising reciprocal countermeasures.
• The U.S. has imposed record-high tariffs on Chinese imports, reaching 145%, prompting China to retaliate with 125% duties on U.S. goods.
• The Trump administration is reportedly pressuring allies to limit economic ties with China in exchange for tariff relief, a move Beijing has labeled as 'hegemonic politics and unilateral bullying.'
• Beijing has escalated its non-tariff retaliation by restricting exports of critical minerals, halting Boeing deliveries, and limiting Hollywood imports to target U.S. industries.
• Chinese officials, including Ambassador Xie Feng, have called for peaceful coexistence but warned of further retaliation if provoked, emphasizing the risks of a global economic downturn.