The warning comes as Washington and Beijing navigate a fragile trade truce established in June, with many details still unresolved. Traders and investors remain uncertain whether the agreement will hold or collapse under renewed pressure.
“Dialogue and cooperation are the only correct path,“ stated China’s official People’s Daily in a commentary. The article, signed under the pseudonym “Zhong Sheng” (Voice of China), reiterated Beijing’s stance that Trump’s tariffs constitute “bullying.”
Vietnam recently secured a tariff reduction from 46% to 20% for goods transshipped through its territory, many of which originate from China. Beijing warned that it would “respond resolutely” to any agreements that compromise its interests.
The Peterson Institute for International Economics noted that the average US tariff on Chinese exports is now 51.1%, while China’s average duty on US goods stands at 32.6%. - Reuters
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