China has warned other countries against making a broader trade deal with the United States at Beijing’s expense, ratcheting up its rhetoric in a spiralling tariff war between the world’s two biggest economies. China’s warning came amid reports about the Trump administration’s plan to pressure nations seeking tariff negotiations from the US to curb trade with China.
While the US President Donald Trump slapped the rest of the world with a blanket 10 per cent tariff, China faces levies of up to 145 per cent on many products. Beijing has also responded with duties of 125 per cent on US goods.
The Trump administration has said that a number of countries are now engaged in negotiations with the United States to lower tariffs. But on Monday, China’s Commerce Ministry said it “firmly opposes” other countries making broader economic deals with America that compromise its interests.
“Appeasement will not bring peace, and compromise will not be respected,” a spokesperson for Beijing’s commerce ministry said in a statement.
“To seek one’s own temporary selfish interests at the expense of others’ interests is to seek the skin of a tiger,” Beijing said.
That approach, it warned, “will ultimately fail on both ends and harm others”.
“China firmly opposes any party reaching a deal at the expense of China’s interests,” the spokesperson said.
“If such a situation occurs, China will never accept it and will resolutely take reciprocal countermeasures,” they added.
Beijing also slammed Washington for “abusing” tariffs on all trading partners under the “banner of so-called ‘equivalence’, while also forcing all parties to start so-called ‘reciprocal tariffs’ negotiations with them.”
China is determined and capable of safeguarding its own rights and interests, and is willing to strengthen solidarity with all parties, the ministry said.
