00:00It's Benzinga bringing Wall Street to Main Street.
00:02China warned Monday it retaliated against countries aligning with the U.S.
00:06in ways that undermine Beijing's interests, escalating tensions as the trade war expands
00:10beyond bilateral ties. The warning follows reports that the Trump administration plans
00:16to pressure allied nations to curb dealings with China using tariff negotiations. Trump
00:21recently paused tariff likes on U.S. partners but raised duties on Chinese imports to 145%.
00:27China responded with 125% tariffs on American goods and new export restrictions.
00:33officials accused the U.S. of unilateral bullying and vowed to defend international fairness.
00:38Analysts see little chance of a deal soon despite Trump's recent optimism.
00:41For all things money, visit Benzinga.com slash GSTV.
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