https://www.taxtmi.com/news?id=40650 China increased retaliatory import duties on US goods and framed further dialogue as contingent on equality and mutual respect, rejecting compromise under coercion. Beijing warned it may ignore additional US tariff hikes for market-access reasons but reserved the right to adopt firm countermeasures if US actions substantially undermine Chinese interests. China also called for joint resistance with the EU against unilateral trade coercion and is undertaking diplomatic outreach to mobilise international support while emphasising protection of globalisation and international trading rules. en-us Fri, 11 Apr 2025 19:01:04 +0530 Fri, 11 Apr 2025 19:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=40650 China increased retaliatory import duties on US goods and framed further dialogue as contingent on equality and mutual respect, rejecting compromise under coercion. Beijing warned it may ignore additional US tariff hikes for market-access reasons but reserved the right to adopt firm countermeasures if US actions substantially undermine Chinese interests. China also called for joint resistance with the EU against unilateral trade coercion and is undertaking diplomatic outreach to mobilise international support while emphasising protection of globalisation and international trading rules. News - Fri, 11 Apr 2025 19:01:04 +0530 https://www.taxtmi.com/news?id=40650