• About Us
  • Advertise
  • Privacy & Policy
  • Contact Us
  • Terms and Conditions
Thursday, September 10, 2026
Verily News
No Result
View All Result
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story
No Result
View All Result
No Result
View All Result
Home Business & Economy

Beijing Slams New US Tariffs, Warns Against Renewed Trade War

July 24, 2026
in Business & Economy, Global News
Reading Time: 3 mins read
0
Beijing
Share on FacebookShare on TwitterShare on Linkedin
Spread the love
Get Breaking News From Our Telegram Channel!

China lashed out at Washington on Friday over a fresh round of US tariffs targeting Beijing and 59 other trading partners, accusing the Trump administration of reviving unilateral trade measures and cautioning that a new trade war would serve no one’s interests.

The tariffs, unveiled this week by the Office of the US Trade Representative, are pegged to countries’ compliance with forced-labor import bans.

Rates range from 10 to 12.5 percent, with China facing the steepest levy of the group, a distinction that has drawn particular ire from Chinese officials already wary of renewed friction with Washington.

“We oppose all forms of unilateral tariff measures,” Chinese foreign ministry spokesperson Lin Jian told reporters at a regular briefing in Beijing.

“Tariff wars and trade wars are not in the interests of any party,” he added, a familiar refrain from Chinese officials but one now carrying fresh weight given the fragile state of bilateral relations.

The new duties are designed to replace an expiring global tariff regime that President Trump had rolled out earlier this year. That earlier framework hit a legal wall in February, when the US Supreme Court struck down a swath of the president’s tariffs, significantly curbing his ability to impose sweeping levies unilaterally.

The ruling was widely seen as a setback for Trump’s trade agenda, and the administration has since worked to reconstruct its tariff architecture on firmer legal footing.

US Trade Representative Jamieson Greer framed the new measures as a matter of enforcement rather than protectionism, saying Washington was “rigorously” upholding its forced-labor import prohibitions and arguing it was “well past time for our trading partners to do the same.”

The tariff structure effectively sorts US trading partners into tiers based on their own labor enforcement regimes. Nations that have already implemented forced-labor import bans, including Canada, the European Union, and the United Kingdom, were granted the lighter 10-percent rate.

Other major economies, among them India and Japan, were assigned the higher 12.5-percent tier despite lacking equivalent prohibitions.

China’s placement at the top of the tariff scale is unlikely to be read in Beijing as coincidental. The designation reopens old wounds from a bruising trade conflict that consumed much of last year, one that only cooled after Trump and Chinese President Xi Jinping met face-to-face in October to broker a truce.

That detente appeared to deepen earlier this year when Trump traveled to Beijing, after which Chinese officials signaled a willingness to cooperate with Washington on rolling back tariffs.

Friday’s announcement threatens to unravel that fragile progress. Analysts will be watching closely for signs of retaliation from Beijing through countervailing tariffs, export controls, or other measures as well as for any indication of whether the forced-labor rationale is seen in Beijing as a genuine policy concern or, as Chinese officials have implied in the past, a convenient vehicle for broader trade pressure.

For now, China’s response has been rhetorical rather than retaliatory, with Lin’s comments stopping short of announcing countermeasures.

But the timing is delicate: with the truce between the world’s two largest economies still relatively young, any escalation risks reigniting a conflict that rattled global supply chains and markets throughout its previous run.

Trade watchers will be looking to Beijing’s Ministry of Commerce in the coming days for a fuller response and to Washington for signals on whether further tariff tiers or exemptions may follow.

WHAT YOU SHOULD KNOW

Washington’s new forced-labor tariffs, hitting China hardest among 60 nations, threaten to unravel the fragile US-China trade truce reached after the Trump-Xi meetings, just as both sides had been moving toward de-escalation.

Whether this dispute stays rhetorical or escalates into retaliation will be the critical thing to watch in the weeks ahead.

Tags: BeijingTariffsTrade WarU.S.
Share198Tweet124Share35
Previous Post

NCAA Threatens to Suspend Royal Air Maroc

Next Post

Naira vs Euro Exchange Rate—24th July 2026

Related Posts

Michael Dell

Michael Dell Becomes World’s Second-Richest Person

by Victoria Ogbadu
September 10, 2026
0

Michael Dell has done something few technology founders manage twice in a single career: he has reinvented his fortune around...

Dangote

FULL LIST: Dangote Refinery Names Approved Channels for Buying Shares

by Victoria Ogbadu
September 10, 2026
0

Dangote Petroleum Refinery and Petrochemicals FZE has taken a decisive step to guard against fraud ahead of its keenly anticipated...

President

Ex-President Sentenced for COVID Corruption

by Victoria Ogbadu
September 10, 2026
0

An Ecuadorean court sentenced former president Abdala Bucaram and his son Jacobo to nine years and four months in prison...

Naira

Naira vs Dollar Exchange Rate—10th September 2026

by Victoria Ogbadu
September 10, 2026
0

The naira opened stronger in the official market on Thursday, continuing its recent modest gains at the CBN's regulated window,...

Oil

Global Oil Prices—10th September 2026

by Victoria Ogbadu
September 10, 2026
0

Oil rose for a second day on Thursday, pushing Brent past $100 a barrel, as traders braced for worse Gulf...

Load More
Next Post
Naira

Naira vs Euro Exchange Rate—24th July 2026

VeryDarkMan

VeryDarkMan Gives His Two Cents About Peller's Upcoming Wedding

Colombian

Former Adult Film Actress Sworn In as Colombian Senator

Dangote Refinery Reduces Petrol Price

Fuel Price Increases

Chris Brown

Chris Brown to Be Sentenced in October

Ramaphosa

Ramaphosa Escapes Impeachment Inquiry

Ebonyi State Governor Sacks Commissioners, Other Appointees

President announces resignation

Lagos

Lagos Green Line Rail Project Enters AfDB Appraisal Stage

Tinubu

Tinubu Urges Diaspora Doctors to Return Home

Diddy

Diddy Placed in Solitary Confinement

Cartoon of The Week!

Verily_Cartoon_08_09_2026
DEMOCRACY IN THE EXAM HALL
  • Trending
  • Comments
  • Latest
cbn governor olayemi cardoso

CBN Approves Merger Between Two Banks

February 23, 2026
2027: APC Governors Endorse Next Senate President After Akpabio

APC Governorship Candidate Joins ADC

March 16, 2026
NNPC Increases Petrol Price

NNPC Reduces Fuel Price

March 17, 2026
Kenya Airways

Viral video: Drama at Airport as Nigerian Woman Clashes with Kenya Airways Over Visa Issue

0
NLC

NLC Suspends Nationwide Protest Over Telecom Tariff Hike

0
VeryDarkMan

VeryDarkMan Vows to Uncover Truth in Mercy Chinwo and Ex-Manager’s Controversy

0
FG (TInubu) To Stop Salaries Of Unverified Workers

FG Bars Ministers From Foreign Trips Without Approval

September 10, 2026
Deputy Governor Traditional ruler Actor Ally court Shettima commission

Nigerian singer dies

September 10, 2026
Tinubu NYSC FG issues directive to civil servants

FG Announces New Rules For University Admission

September 10, 2026
Verily News

Copyright © 2025 Verily News.

Navigate Site

  • About Us
  • Advertise
  • Privacy & Policy
  • Contact Us
  • Terms and Conditions

Follow Us

No Result
View All Result
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story

Copyright © 2025 Verily News.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Get Breaking News Alerts on WhatsApp