
China has issued a stern warning to the United States after Washington imposed new tariffs on Chinese imports, citing fentanyl-related concerns. Beijing’s Foreign Ministry dismissed the claim, accusing the U.S. of using the issue as an excuse to exert economic pressure.
Chinese officials have declared that the country is ready to “fight till the end” in any economic or trade dispute with the U.S. In retaliation, Beijing has announced tariffs of up to 15% on American agricultural exports, aiming to apply political and economic pressure.
The timing of this escalation coincides with China’s National People’s Congress, where key economic goals were set, including a 5% growth target and a 7.2% boost in defense spending. With tensions rising, investors and businesses are bracing for potential market disruptions.