This is reported by RBC-Ukraine citing Bloomberg. Reports are also coming from Kontrakty.UA.
Comments from the Chinese Ministry of Commerce emerged following the release of the investment policy "America First," which names China among the "adversaries" that systematically direct and facilitate investments in American companies and assets "with the aim of acquiring advanced technologies, intellectual property, and leverage in strategic sectors."
Although President Donald Trump had previously hinted at the possibility of a deal to prevent further escalation of the trade war with China, Beijing's positive trade balance of $295 billion with Washington remains a top concern for the new American administration.
A representative from the Ministry of Commerce stated that Beijing will closely monitor U.S. actions and take necessary measures to protect its legitimate rights and interests.
Beijing asserted that Washington's claims that China has failed to halt fentanyl trafficking were a "pretext" for introducing accusations.
In a separate statement on February 23, the Ministry of Commerce stated that the proposed U.S. restrictive measures against China's maritime, logistics, and shipbuilding industries harm both other nations and the U.S. itself. Beijing urged Washington to respect facts and multilateral rules and to "cease illegal actions."
It is worth noting that the Trump administration informed Mexican officials that they needed to impose tariffs on Chinese imports.
The U.S. President mentioned the potential for a new deal with China, signaling a willingness to avert a trade confrontation between Washington and Beijing.
Previously, Trump intensified pressure on China by imposing an additional 10% tariff on imports as punishment for alleged unfair trade practices and the inability to stop the flow of fentanyl into the U.S.