Business Truses Between Washington and Beijing can catch for now, but China It is rapidly careful about what is happening elsewhere: efforts to create American deals that can distinguish Chinese firms from global supply chains.

Prior to the July 9 deadline, US officials are deep in interaction with major trading partners in Asia and Europe, emphasizing new agreements that will include a ban on Chinese content, or will include safe commitments to combat what Washington sees as China’s unfair trade practices.

In such a first deal, President Donald Trump on Wednesday announced a tariff agreement with Vietnam. The South East Asian nation will be charged a rate of 20% in exports to the US, Trump said in a social-media post, with 40% of any items transmitted through the country.
It will hit products with China and possibly other nations, which are rooted via Vietnam or are only under the minimum final assembly before exporting to the US. The approach reflects provisions in an existing American trade agreement with Mexico and Canada.

However Trump shared widely of the agreement, white House Further details have not yet been released and some agreements may be in development, so it is still unknown to how harmful it can be to China’s growing export to Vietnam. China’s Ministry of Commerce did not immediately respond to the remarks request.
India, another nation is seen close to a deal, is also interacting on “rules of origin”. Washington wants that Bloomberg News stated at least 60% of the cost of the locally added product to qualify as “Med” in India, and Bloomberg News stated earlier. According to the report, India has pushed it to bring it down to about 35%.
“Asia’s dilemma when it comes to Trump Trade war Alicia Garcia Herero, the chief economist at Asia-Pacific at Natics SA, said in a report recently, “Relying a lot of American final demand, relying on the value of China added to domestic production, everyone has been said to be the most exposed, saying that Vietnam, Cambodia and Taiwan were the most exposed.
China is a larger business partner for most Asian economies, if its interests are threatened, warned the results, and External Affairs Minister Wang Yi is likely to re -raise his visit to Europe this week for interactions in Brussels, Germany and France. “” If this happens, China will never accept it and will fully counter it to protect its valid rights and interests. “

According to Bloomberg Economics, Vietnam reduced the risks that provoke retrenching steps from China.

Rana Sajy of Bloomberg wrote in a research note, “Beijing has clarified that it will respond to deals coming at the cost of Chinese interests and the decision to agree to a high tariff on goods considered” transmitted “through Vietnam may fall into that category.”

On Trump’s 90-day break, he terminates on 9 July, “mutual” tariff on trading partners of America. Until those countries reach trade deals with the US, they could potentially face too much tariff.

Some governments are taking steps to stay on the right side of Washington. Vietnam, Thailand and South Korea have taken all measures to prevent goods from stopping the goods from the US through their countries since unveiling Trump’s tariffs in April.

South Korean customs announced a crack on transmission, citing an increase in practice. Taiwan President Lai Ching-Tea also flagged off the issue and required all US-Bound exports with new rules, to carry a legal announcement made on the island.

export control

Another concern for Beijing is whether the US can convince others to impose or tighten export controls on high -tech devices, which will obstruct Chinese efforts to purchase the equipment required to produce advanced semiconductors.

In June Taiwan Huawei Technologies Co. And added Semiconductor Manufacturing International Corp to its so -called unit list, in which Taiwanese firms were stopped from trade with them without government approval.

The pressure is not limited to Asia. Europe, also, finds itself in a delicate position. According to recent research by Rodium Group, the European Union is China’s largest export destination for electric vehicles, and the blocks from Chinese firms and the UK have invested 10 billion euros ($ 12 billion) last year.

Still business tension is increasing. European Commission Chairman Ursula von Der Leyen recently accused Beijing of rare earth and magnets and warned of risks generated by Chinese overcapacea.

Beijing is particularly concerned that the European Union can sign up for the UK deal with the US, which included commitments around the supply chain security, export control and ownership rules in areas such as steel, aluminum and pharmaceuticals. The Financial Times reported that the language did not name China, but Beijing criticized the agreement in a rare public statement, interpreting as a direct challenge, stated by the Financial Times.

“China is clearly concerned that the European Union would accept the same word as the UK did on export control,” said Joir Wutte, a partner of the Albreight Stonbridge Group in Washington. “They are pushing the European Union for not doing so, and the US is pushing the European Union to do it.”

Brussels and Washington are aiming to reach an agreement before 9 July, when Washington is ready to impose 50% tariffs on almost all European Union products. With European exports in the US, China’s amount doubles, with a more important partner, Block Vashington sees as a more important partner, which gives the US profit in negotiations.

China’s weekend statement “is clearly perfectly for Brussels,” said Hosuk Lee-Makiyama, director of the European Center for the European Center at Brussels, said, who was recently in Beijing for meetings before the European Union Summit this month. “China is worried about what the European Union may agree with the US.”

The long-term risk for Beijing is that these efforts incorporate in a comprehensive change-only an American-led campaign to curb sugar exports, but a revival Global trade Around the “reliable” supply chains, China is growing rapidly on the outside. In a trip to Southeast Asia earlier this year, President Xi Jinping urged the region to stand together as a “Asian family”, warning against trade fragmentation.

Beijing has often responded to the works opposing targeted trade measures. When the European Union imposed tariffs on Chinese electric vehicles last year, China started dumping anti-dumping tests in European brandy, dairy and pork. The group of seven meetings in Japan was seen as a critic of China, followed by Japanese seafood imports in 2023. In 2020, a spat with Australia gave rise to trade restrictions on billions of goods including lobasters, wines and barley.

“If some agreements clearly list China as a goal and show that some countries are collaborating with America or cooperating, China will definitely respond,” said the Dean of China Institute to study China in International Trade and Economics in Beijing, and a former advisory of the Chinese Commerce.