#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 a rising trade war between the world's two largest economies. 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 'equality', while at the same time forcing all parties to start what is termed 'mutual tariff negotiations with it'."

The Ministry of Commerce indicated that China is determined and capable of protecting its rights and interests and is ready to strengthen solidarity with all parties.

According to a report from 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 Department responded to a report from Bloomberg, citing informed sources that the Trump administration is preparing to pressure countries seeking to reduce tariffs or exemptions from them to limit trade with China, including imposing financial sanctions.

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