China: Beijing balances tariff pushback and dialogue – BNY
Geoff Yu at BNY reports that China is opposing potential new U.S. Section 301 tariffs while keeping communication channels open. Beijing has threatened “necessary measures” in response to additional duties but continues high-level engagement ahead of a possible Trump–Xi summit.
China is opposing potential new U.S. Section 301 tariffs while maintaining open communication channels, according to reports from BNY. Beijing has warned of "necessary measures" in response to additional duties but remains engaged at high levels in anticipation of a possible Trump–Xi summit. The approach indicates China will resist trade pressure while avoiding damage to the broader U.S.–China relationship.
The Commerce Ministry stated it firmly opposes the reported U.S. consideration of a 7.5% tariff on Chinese imports, calling it unilateral and protectionist. China will closely evaluate further U.S. measures and has the right to take any necessary steps in response. The Foreign Ministry confirmed that China and the U.S. continue to communicate regarding potential interactions between their leaders later this year.
This combination of tough rhetoric and reassurance suggests Beijing is preparing to resist further trade pressure while keeping diplomatic dialogue open.
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