China Issues Stern Warning Amid Escalating Trade Conflict with the US

China warns the US against undermining its interests while seeking a good relationship, as trade tensions escalate through retaliatory tariffs. This ongoing conflict signifies broader risks for international cooperation and market stability.

China has issued a stern warning regarding its readiness for retaliation against the United States in the midst of an escalating trade conflict. Wang Yi, a prominent Chinese official, reiterated that no nation should assume it can undermine China while simultaneously fostering a positive relationship. He emphasized the detrimental impact of such duplicity on mutual trust and bilateral stability.

This week, the US government implemented tariffs on China, Canada, and Mexico, citing allegations of fentanyl smuggling, which were deemed unjust by the affected countries. Despite this, China maintains that it has made significant efforts to control the export of chemicals associated with fentanyl production and suggests that the drug issue in the US is primarily domestic in nature.

The ongoing tariff dispute emerged more fervently after President Trump’s return to office. As a response to the tariffs on Chinese goods, the US raised the tariff rate to 20%. In retaliation, China imposed additional tariffs of 10-15% on American agricultural exports, including pork and soy, while also tightening regulations affecting American businesses.

Wang Yi criticized policies prioritizing US interests over global cooperation, warning that such an approach could lead to a chaotic international environment where weaker nations suffer the consequences. He stated that major powers should adhere to their international responsibilities rather than exploit the vulnerable.

In a bold declaration, China affirmed its preparedness to engage in “any type” of conflict should the US continue its tariff actions. This statement reflects China’s determination to project confidence in its economic resilience despite the looming threat of trade hostilities. The Chinese embassy reinforced this stance, indicating that if the US desires a confrontation, China is prepared to confront it decisively.

In summary, China has firmly warned the United States against undermining its position while seeking a constructive relationship, highlighting the implications such actions have for bilateral trust. As retaliatory tariffs escalate between the two nations, both are positioning themselves for potential further conflict. The situation underscores the need for significant international cooperation as nations navigate these complex trade dynamics.

Original Source: m.economictimes.com