China Warns of Retaliation as Trump Doubles Tariffs on Chinese Goods
The U.S. President's move to increase tariffs to 20% over fentanyl concerns escalates tensions, with Beijing condemning the measures as coercive and threatening countermeasures.
- President Trump announced a tariff increase on Chinese imports from 10% to 20%, set to take effect next Tuesday.
- The U.S. administration justifies the tariff hike by linking Chinese-made fentanyl to the ongoing opioid crisis in America.
- China's Ministry of Commerce criticized the tariff increase as 'Cold War mentality' and threatened to implement unspecified countermeasures.
- Beijing highlighted its strict anti-drug policies and accused the U.S. of deflecting blame for its domestic issues.
- The escalating trade conflict coincides with China's upcoming National People's Congress, where its economic priorities for 2025 will be outlined.