China warns of countermeasures if US imposes tariffs
China has warned it could take countermeasures if the United States imposes new tariffs after a US investigation into alleged excess industrial capacity. A Bloomberg report said Washington is considering a 7.5% tariff on Chinese goods, a move Beijing called a probe under the "pretext of overcapacity," according to commerce ministry spokesperson Huang Ling. The potential levy would restore US tariff levels discussed in earlier negotiations, and Chinese foreign minister Wang Yi urged the US to return relations to the "right track," signaling risks of renewed bilateral friction and retaliatory actions.
China warned it would retaliate if the US imposes new tariffs.
Context
The US launched an investigation into alleged overcapacity from China and other economies. The US is considering a 7.5% tariff after the probe. China says it will monitor US moves and may respond with countermeasures.
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