#USChinaTensions
USChinaTensions
In the most serious 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, and warned countries against entering into a broader economic agreement with the United States at its expense, thus escalating its rhetoric; in light of the escalating trade war between the world's two largest economies. The spokesperson for the Chinese Ministry of Commerce said: "The United States has abused tariffs against all its trading partners under the guise of so-called 'parity', while simultaneously forcing all parties to start what is called 'mutual tariff negotiations with it'."
The Ministry of Commerce stated that China is determined and capable of protecting its rights and interests, and is ready to strengthen solidarity with all parties.