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China says it opposes new US tariffs, warns against trade wars

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    YesAsia Holdings Replicates Record High Half-Year Results: Revenue Grows 23.2% to US$301.51 Million; Net Profit Surges 30.0% to US$18.30 Million

    YesAsia Holdings Replicates Record High Half-Year Results: Revenue Grows 23.2% to US$301.51 Million; Net Profit Surges 30.0% to US$18.30 Million

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Home News Business

China says it opposes new US tariffs, warns against trade wars

by freemalaysiatoday
August 13, 2026
in Business
Reading Time: 4 mins read
Summarize with ChatGPTSummarize with Perplexity
China says it opposes new US tariffs, warns against trade wars
Chinese foreign ministry spokesman Lin Jian said tariff wars and trade wars are not in the interests of any party. (EPA Images pic)
BEIJING:

Beijing condemned fresh US tariffs imposed on China and 59 other countries over alleged forced labour concerns Friday and warned Washington against waging a trade war.

The US levies range from 10 to 12.5%, with China slapped with the highest rate.

“We oppose all forms of unilateral tariff measures,” Chinese foreign ministry spokesman Lin Jian told a news briefing on Friday.

“Tariff wars and trade wars are not in the interests of any party,” he warned.

The new tariffs replace an expiring global duty rolled out by president Donald Trump earlier this year.

The Trump administration has moved swiftly to rebuild the president’s tariff wall after the Supreme Court struck down a host of his duties in February – dealing a blow to his ability to unleash steep levies at will.

In unveiling the duties, US trade representative Jamieson Greer said Washington was “rigorously” enforcing a forced labour import ban and that it was “well past time for our trading partners to do the same”.

Economies that have implemented a forced labour prohibition – including Canada, the EU and the UK – received the lower 10% rate.

Other major trade partners, including India and Japan, were hit with the higher 12.5% tariffs.

China and the US, which spent much of last year embroiled in an escalating trade war, reached a truce when Trump and president Xi Jinping met last October.

After Trump visited Beijing this year, China said it would work with the US on reducing tariffs, but the latest levies threaten to renew trade tensions.

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