China Warns of Countermeasures Amid US Tariff Considerations
China has issued a warning regarding potential countermeasures if the US imposes new tariffs on Chinese goods. The US is reportedly considering a 7.5% tariff following an investigation into alleged excess industrial capacity. This move could escalate trade tensions, as it would bring total US tariffs on Chinese goods to around 20%, a level previously agreed upon during earlier negotiations. Chinese officials have criticized the US investigation, asserting it is based on unfounded grounds. The warning comes as US President Donald Trump is set to meet Chinese President Xi Jinping on September 24, with expectations to publish the results of the inquiry before that date.
Published 2 days ago • 27 Aug 2026, 04:18 PM IST