Overview

• China's Commerce Ministry declared opposition to any trade agreements that undermine its interests, vowing reciprocal countermeasures against such nations.
• The warning follows reports that the U.S. is pressuring countries to limit trade with China in exchange for tariff exemptions or reductions.
• The U.S. has imposed tariffs of up to 145% on Chinese imports, prompting China's retaliatory duties of 125% on U.S. goods.
• China criticized U.S. tariffs as 'unilateralism and protectionism,' cautioning against a return to a 'law of the jungle' in global trade practices.
• Global markets remain volatile as countries navigate between U.S. demands and China's warnings, highlighting the broader geopolitical struggle in trade realignment.