China threatens US tariff allies

China has issued a strong warning to countries siding with the United States on tariffs, vowing to retaliate against any action that undermines its national interests.

The Chinese Ministry of Commerce, Wang Wentao, in a statement on Monday April 21, 2025, declared:

“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.”

This latest move signals a deepening rift between Beijing and Washington, as the U.S. intensifies efforts to rally global allies in a campaign against China’s trade practices.

Financial markets are already reacting, with early trading showing signs of investor unease. Experts predict another tough week for the U.S. dollar and global equities.

Beijing’s response underscores its readiness to defend its economic space and reject any multilateral trade arrangements perceived as hostile.

The warning also casts a shadow over ongoing diplomatic efforts aimed at easing tensions between the two largest economies in the world.

With fears of retaliatory tariffs mounting, investors and governments alike are bracing for economic fallout that could impact global trade flows and inflation trends.

China’s stance sets the stage for a tense period in international trade relations, as countries weigh their options amid pressure from both Washington and Beijing.

More reactions are expected as markets in Europe and the United States open later in the day.

China has issued a strong warning to countries siding with the United States on tariffs, vowing to retaliate against any action that undermines its national interests.

The Chinese Ministry of Commerce, in a statement on Monday April 21, 2025, declared:

“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.”

This latest move signals a deepening rift between Beijing and Washington, as the U.S. intensifies efforts to rally global allies in a campaign against China’s trade practices.

Analysts say the warning has sparked fresh fears of a wider trade conflict, with the potential to disrupt global supply chains and worsen economic instability.

Financial markets are already reacting, with early trading showing signs of investor unease.

Experts predict another tough week for the U.S. dollar and global equities.

Beijing’s response underscores its readiness to defend its economic space and reject any multilateral trade arrangements perceived as hostile.

The warning also casts a shadow over ongoing diplomatic efforts aimed at easing tensions between the two largest economies in the world.

With fears of retaliatory tariffs mounting, investors and governments alike are bracing for economic fallout that could impact global trade flows and inflation trends.

China’s stance sets the stage for a tense period in international trade relations, as countries weigh their options amid pressure from both Washington and Beijing.

More reactions are expected as markets in Europe and the United States open later in the day.

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