#USChinaTensions #USChinaTensions

In the most dangerous escalation of the trade war.. China warns countries against entering into trade agreements with the United States at its expense.

China accused Washington today, Monday, of abusing tariffs, warning countries against entering into a broader economic agreement with the United States at its expense, thereby escalating its rhetoric; amid an escalating trade war between the two largest economies in the world. The spokesperson for the Chinese Ministry of Commerce stated: "The United States has abused tariffs on all its trading partners under the banner of what is called 'equivalence', while at the same time forcing all parties to start what is called 'mutual tariff negotiations with it'.

The Ministry of Commerce stated that China is determined and able to protect its rights and interests and is ready to enhance solidarity with all parties.

According to a report by Reuters, the Chinese Ministry of Commerce stated that Beijing will strongly oppose any party that enters into an agreement at China's expense and "will take firm and reciprocal countermeasures".

The Chinese commerce responded to a report by Bloomberg, quoting informed sources, stating that the Trump administration is preparing to pressure countries seeking to reduce tariffs or exemptions to limit trade with China, including imposing financial sanctions.

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