China and U.S. Escalate Trade Dispute with Tariffs and Countermeasures

China vows to defend its economic interests after U.S. doubles tariffs on Chinese goods, signaling a deepening trade conflict.

The U.S., under President Donald Trump, has doubled tariffs on Chinese imports to 20%, intensifying trade tensions between the two nations.
China has announced retaliatory measures, including tariffs on U.S. agricultural products and actions against specific American companies.
Chinese Commerce Minister Wang Wentao stated that the country will not yield to what he described as 'coercion and intimidation' from the U.S.
The Chinese government expressed concerns over the impact of trade restrictions on global supply chains and its export-driven economy.
Efforts for dialogue remain on the table, with China advocating for bilateral discussions to address trade issues and reduce tensions.