China says it opposes new US tariffs, warns against trade wars
- Posted on July 24, 2026
- By Business News Today
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- 1 min read
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China says it opposes new US tariffs, warns against trade wars
China condemned the US decision to impose fresh tariffs of up to 12.5% on imports from 60 countries over alleged forced labour concerns, warning against a renewed trade war. While China faces the highest rate, India and Japan were also hit with 12.5% duties, raising fresh tensions over global trade.
