Overview
- China's Ministry of Commerce cautioned countries against trade agreements with the US that undermine Chinese interests, promising decisive retaliation.
- The warning responds to reports that the Trump administration is pressuring nations to limit trade with China in exchange for tariff relief.
- The US has raised tariffs on Chinese imports to 145%, later reducing rates on key electronics to 20%, while China imposed 125% counter-duties on US goods.
- Beijing's Anti-Sanctions Law, enacted in 2021, enables legal action against entities complying with foreign sanctions targeting China.
- Recent impacts include the closure of Lotte supermarkets in China and orders for Chinese airlines to halt Boeing aircraft deliveries and US-made parts purchases.