Make no deals with US: China

In a strongly-worded message to countries seeking to strike bilateral deals with US, China has said that it would not hesitate to impose countermeasures on them, if its interests are hampered.

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The Dragon’s tough stand comes in the backdrop of reports that a number of countries against whom US President Donald Trump has imposed varied amounts of tariffs are now seeking to work out bilateral trade deals with Washington to resume their exports to access the lucrative US market. Since a host of countries, including Japan and the ASEAN, have lucrative trade with both China and the US, China's firm stand is very likely to leave these countries in a quandary. Significantly, US has recently imposed 245% tariffs against China but paused tariff hikes against around 70 countries. Observers, meanwhile, said that the move would likely to give advantages to Indian exports to China and the United States vis-a-vis Japan and ASEAN countries.

PRESS TRUST OF INDIA

Beijing, April 21: China Monday threatened to impose countermeasures on countries seeking to strike trade deals with the US at the expense of Chinese interests.