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China condemned US and UK trade agreement

the Chinese government strongly criticized the recent U.S.-UK trade agreement, which could​ lead​ to‌ the removal of Chinese products from British supply chains and complicate London’s efforts to⁢ rebuild relations ⁢with Beijing.

According to the international economics section ⁢of Webangah News Agency, citing ​the Tasnim & Financial Times,‍ China has sharply condemned the recent trade deal ⁤between the U.S. and UK—an agreement that may exclude Chinese goods from ⁤Britain’s supply chains​ and hinder London’s attempts to mend ‍ties with Beijing.

The trade deal, signed by washington in recent days, imposes strict​ security requirements ⁢on Britain’s steel and pharmaceutical industries. It marks Donald Trump’s first such agreement since⁢ announcing “broad reciprocal tariffs” last month.

When questioned about the deal,Beijing emphasized that it is a “essential principle” that agreements between nations should not target third countries.

A spokesperson for ⁤China’s Foreign Ministry told the Financial ‌Times: “Cooperation between ⁤governments must not harm or undermine the interests⁤ of third parties.”

The remarks place Britain in ‌a difficult position between⁤ two economic superpowers and could further ⁤complicate its efforts to⁢ reassess relations with ‍China.

Beijing had previously warned ‍countries ⁤against signing U.S. trade deals threatening Chinese interests, fearing Trump might​ leverage‌ bilateral negotiations with America’s partners to pressure them into excluding China from supply chains.

In response, China has accelerated efforts to remove foreign-made goods‍ from its domestic supply chain to bolster resilience against‍ disruptions caused⁤ by trade wars.

The U.S.-UK agreement includes reductions ⁣in ⁢certain ⁢punitive tariffs on ⁤British auto and steel exports but⁢ retains ⁢a 10% baseline tariff on UK goods. Tariff cuts for sectors like⁢ steel and autos are conditional on Britain swiftly acting to “secure​ essential supplies for America” and assume ownership ‍of related production facilities.

A⁤ UK⁤ official​ stated Trump explicitly confirmed this clause targets China. ‌An⁢ unnamed ‌Chinese government advisor remarked: “China must respond; Britain should not have rushed into this⁢ deal.”

Thes developments follow Monday’s temporary 90-day ​truce in

the U.S.-China trade war—where washington reduced tariffs on chinese imports from an unprecedented 145% down temporarily around⁣ ~40%. If both sides agree halt fentanyl precursor​ shipments producers-to-U-S., rates may​ drop another ~20%, aligning closer levels imposed allies like UK.

Beijing also agreed Monday slash⁣ retaliatory duties American energy/agricultural products (from125%-to10%).

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English channel of the webangah news agency on Telegram
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