After Trump announced a 90-day pause on these hiked tariff rates, many countries are working to negotiate with the US to lower or remove the tariffs before the deadline.
Amid the trade war between the United States and China, Beijing has stated it will take strict countermeasures against the countries that try to "appease" Washington. This statement from China comes after the tensions caused by US President Donald Trump's tariff hikes.
According to recent reports, China's Commerce Ministry will oppose any party reaching a deal with the US that harms China's interests.
"China firmly opposes any party reaching a deal at the expense of China라이브 바카라 interests. Appeasement will not bring peace, and compromise will not be respected … To seek one라이브 바카라 own temporary selfish interests at the expense of others’ interests is to seek the skin of a tiger," the ministry said on Monday, adding that the appeasement approach with "fail on both ends and harm others."
China has further stated that it is willing to work with all parties and "defend international fairness and justice," against the US' "abusing tariffs and unilateral bullying."
Tit-for-tat tariffs between China and the United States have crossed the 100 percent mark. Despite the 90-day pause on tariffs, US has slapped a 145 percent tariff on Chinese exports and China retaliated for a 125 percent tariff on US exports.
These tariffs on China are the highest of the global tariffs on all US trading partners.
Trump announced tariffs on trading partners on April 2, which he and the second Trump administration dubbed "Liberation Day."
After Trump announced a 90-day pause on these hiked tariff rates, many countries are working to negotiate with the US to lower or remove the tariffs before the deadline.
As per reports, US officials have stated that Washington is in turn adding pressure on trading partners to curb their own trade with China or impose sanctions against Beijing.
In response to this, China has stated it is ready to take "resolute and reciprocal” countermeasures.