{"id":247833,"date":"2025-07-08T11:11:13","date_gmt":"2025-07-08T11:11:13","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/247833\/"},"modified":"2025-07-08T11:11:13","modified_gmt":"2025-07-08T11:11:13","slug":"china-warns-countries-on-agreeing-us-tariff-deal-that-would-come-at-beijings-expense-the-irish-times","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/247833\/","title":{"rendered":"China warns countries on agreeing US tariff deal that would come at Beijing\u2019s expense \u2013 The Irish Times"},"content":{"rendered":"

China<\/a> has warned trading partners against agreeing any deals at Beijing\u2019s expense with Donald Trump<\/a> in return for lower tariffs than currently threatened. Asian countries, many of them with big trade relationships with China, face some of the steepest United States tariffs<\/a> from the start of next month unless they agree a deal.<\/p>\n

US negotiators have pressed a number of countries to cut China out of their supply chains as part of the tariff negotiations. But an editorial on Tuesday in the People\u2019s Daily, the official newspaper of the Communist Party, warned that China will hit back against any such deals.<\/p>\n

\u201cChina firmly opposes any party reaching a deal at the expense of China\u2019s interests in exchange for so-called tariff reductions. If this happens, China will never accept it and will resolutely counter it to safeguard its legitimate rights and interests,\u201d the newspaper said.<\/p>\n

Trump this week extended the suspension of his \u201creciprocal tariffs\u201d to August 1st while negotiations continue with trading partners. But he issued a new set of threatened tariffs in letters to a number of heads of government.<\/p>\n

Japan and South Korea, Washington\u2019s closest allies in Asia, both face a 25 per cent tariff, on top of the 10 per cent baseline tariff that applies to almost all countries and is already in force. Laos and Myanmar face 40 per cent, Cambodia and Thailand 36 per cent, Indonesia 32 per cent and Malaysia 25 per cent.<\/p>\n

[\u00a0EU gets three-week extension to negotiate US trade deal to avert escalating tariffs rowOpens in new window<\/a>\u00a0]<\/p>\n

The US has already agreed a deal with Vietnam that imposes a 20 per cent tariff on all Vietnamese goods but slaps 40 per cent on exports judged to have been rerouted from China through Vietnam to the US. White House economic adviser Stephen Miran described the deal, which removes all tariffs on US exports to Vietnam, as fantastic.<\/p>\n

\u201cIt\u2019s extremely one-sided. We get to apply a significant tariff to Vietnamese exports. They\u2019re opening their markets to ours, you know, applying zero tariff to our exports. It\u2019s a fantastic deal for Americans,\u201d he said.<\/p>\n

China, which initially faced tariffs above 100 per cent, agreed a framework for negotiations with the US in London last month that reduced the tariffs on both sides pending a broader agreement. Since then, China has allowed the export to the US of rare earth minerals while the US has eased restrictions on the export of some semiconductors.<\/p>\n

\u201cThe London Framework is hard-won. Both sides must implement the relevant consensus and continuously accumulate conditions for the final resolution of the dispute,\u201d the People\u2019s Daily said.<\/p>\n

The editorial described Trump\u2019s unilateral tariffs as \u201ca typical unilateral bullying practice\u201d that undermined the international, rules-based trading order built around the World Trade Organisation (WTO). <\/p>\n

And it warned other countries that any deals with Trump that undermined that system would encourage the US president to persist with his capricious approach to tariffs.<\/p>\n

\u201cAny short-sighted practices that damage this system will harm all parties\u2019 long-term interests. No one can be immune to the impact of unilateralism and protectionism,\u201d it said.<\/p>\n

\u201cOnce the bottom line of principles is breached, blackmail will intensify, all countries will become victims, and the institutional environment for global development may suffer irreversible damage. The stormier the weather, the more strategic sobriety, unity, and co-ordination are needed.\u201d<\/p>\n

China joined other countries at a Brics summit in Rio de Janeiro this week in denouncing Trump\u2019s threat to impose extra tariffs on countries that align with the informal group of mostly Global South nations. Brazil\u2019s President Luiz In\u00e1cio Lula da Silva, who hosted the meeting, said at his closing press conference that the US president\u2019s threats were irresponsible.<\/p>\n

\u201cThe world has changed. We don\u2019t want an emperor. We are sovereign countries,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"China has warned trading partners against agreeing any deals at Beijing\u2019s expense with Donald Trump in return for…\n","protected":false},"author":2,"featured_media":247834,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5311],"tags":[1395,32,49,978,2612,659,2150],"class_list":{"0":"post-247833","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-united-states","8":"tag-china","9":"tag-donald-trump","10":"tag-united-states","11":"tag-us","12":"tag-us-tariffs","13":"tag-usa","14":"tag-vietnam"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114817314622048009","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/247833","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=247833"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/247833\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/247834"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=247833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=247833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=247833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}