China Warns Countries Against Deals With The U.S

BEIJING (AP) — China is warning other countries against making trade deals with the United States to China’s detriment. Governments including those of Taiwan, Japan and South Korea have begun negotiations with Washington after President Donald Trump announced sweeping tariffs against most of America’s trading partners on April 2. The import taxes were mostly paused after markets panicked, but he increased his already steep tariffs against China. The Commerce Ministry said Monday that China “firmly opposes any party reaching a deal at the expense of China’s interests” and China would retaliate if that happened. U.S. Treasury Secretary Scott Bessent said earlier the countries currently negotiating trade deals with the U.S. should “approach China as a group” together with Washington.