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China on Monday issued a direct warning to countries considering trade deals with the US that could disadvantage Beijing.
The warning came in the aftermath of reports that the Trump administration in the US may offer tariff exemptions to other nations in return for limiting their trade with China.
President Trump this month paused major tariff increases on other countries for 90 days, while hiking duties further on goods from China to 145 percent.“China firmly opposes any party reaching a deal at the expense of China’s interests. If this happens, China will not accept it and will resolutely take reciprocal countermeasures,” the Chinese Ministry of Commerce said, CNBC reported.