China will retaliate if other countries strike trade deals with the US that undermine its interests for so-called tariff cuts, the country’s Ministry of Commerce said.
Donald Trump’s “reciprocal tariffs” on global partners were pilloried as a classic case of unilateral “bullying” that’s wrecking the international trade system.
The US president is racing to meet a July 8 deadline for trade agreements.
So far, only the UK and China deals have been announced.
The US may sign more "big" deals soon, Trump hinted recently, adding:
"We're having some great deals. We have one coming up maybe with India, very big one, well we're going to open up India," Trump said.