China threatens retaliation if US reintroduces trade tariffs. Trade tensions between the two countries are escalating.
Raluca Ioana Draghici
International
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China has warned the Trump administration not to reinstate trade tariffs on Chinese goods, threatening retaliation against countries that work with the US to exclude China from supply chains. While the US and China have agreed on a trade framework, details remain unclear. The average US tariff on Chinese goods is 51.1%, and China has criticized economies that strike deals with the US that hurt its interests. Beijing says dialog is the only viable solution.
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