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Experts warn China may launch countermeasures after Japan’s PM Sanae Takaichi voiced survival-threatening concerns over Taiwan, underscoring growing tensions in the Taiwan Strait.
China has imposed countermeasures on two EU-based banks, barring transactions within the Chinese mainland in retaliation to EU sanctions on Chinese financial institutions.
The European Commission regrets the US move to raise steel tariffs and is ready to introduce countermeasures if talks falter.
China’s foreign ministry says its tariff countermeasures against U.S. fentanyl-related duties remain in effect after two tariff rounds following Geneva talks.
The EU is set to respond to U.S. tariffs with targeted countermeasures on up to $28B of imports, signaling a united front against economic pressures.
Chinese Premier Li Qiang signs a 22-article regulation to enforce countermeasures against foreign sanctions.