‘No winners in trade war’: China slams US tariffs, says it’s a leading partner for 140 countries
3 weeks ago

‘No winners in trade war’: China slams US tariffs, says it’s a leading partner for 140 countries

Hindustan Times  

China’s commerce minister Wang Wentao on Thursday said that the country will not yield to pressure and can withstand higher US tariffs, though he warned that there are “no winners in a trade war.” Wang Wentao, China's Minister of Commerce, attends a press conference during the second session of the 14th National People's Congress in Beijing on March 6, 2025. If the American side goes further down this wrong path, we will fight to the end.” He reiterated China's willingness to resolve trade disputes, saying, “Our two sides can meet at an appropriate time, and our teams can also communicate as early as possible.” However, he dismissed Trump’s justification for imposing 20 percent tariffs on all Chinese imports, blaming China for the US fentanyl crisis, claiming it would not address the issue. “We do not put all our eggs in one basket,” Wang said, emphasising China’s push to strengthen consumer demand and diversify its trade strategy. Zheng Shanjie, head of the National Development and Reform Commission, China’s primary planning body said that projections for economic growth in 2025 are expected to range between 4.6 percent and 4.8 percent, falling short of the government’s target of “around percent.” Zheng said that the government is working on a “specialised plan of action” to boost consumer spending and investment, although he did not share further details.

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History of this topic

China poses biggest military, cyber threat to US, say intel chiefs
1 day, 21 hours ago

China poses biggest military, cyber threat to US, say intel chiefs

Hindustan Times  

China remains the top military and cyber threat to the U.S., according to a report by U.S. intelligence agencies published on Tuesday that said Beijing was making "steady but uneven" progress on capabilities it could use to capture Taiwan. China has the ability to hit the U.S. with conventional weapons; compromise U.S. infrastructure through cyber attacks; and target its assets …

China calls on nations to open markets amid looming Trump tariffs
3 days, 23 hours ago

China calls on nations to open markets amid looming Trump tariffs

Firstpost  

Chinese Premier Li Qiang urged countries to open their markets to combat “rising instability and uncertainty” at a business forum in Beijing on Sunday, as China braces for further U.S. tariffs. Premier Li Qiang said China is prepared for “shocks that exceed expectations” as the world anticipates U.S. President Donald Trump’s announcement of additional tariffs on trading partners next month. …

All will lose: U.N. chief warns amidst growing global trade war
2 weeks ago

All will lose: U.N. chief warns amidst growing global trade war

The Hindu  

United Nations Secretary-General Antonio Guterres has warned that “all will lose” when countries get into trade wars, against the backdrop of tariff wars unleashed by the Mr. Trump administration. Trump vows tariffs on nations that 'harm' US; names India, China as high-tariff countries He was responding to a question on the growing global trade war. U.S. President Donald Trump, in …

Why China isn’t as worried about Trump’s trade war as in 2018
2 weeks, 2 days ago

Why China isn’t as worried about Trump’s trade war as in 2018

Al Jazeera  

Beijing is much better positioned to withstand US tariffs than in the past, analysts say. “I don’t want to understate the impact – that’s almost a tripling of the effective tariff rates for Chinese goods that are coming into the United States, so it’s big,” Beddor told Al Jazeera. At the “Two Sessions” meetings last week in Beijing, the National …

China readies for trade tensions with U.S.; won’t negotiate from weakness
2 weeks, 3 days ago

China readies for trade tensions with U.S.; won’t negotiate from weakness

The Hindu  

The leaders of both Canada and Mexico got on the phone with U.S. President Donald Trump this past week to seek solutions after he slapped tariffs on their countries, but China’s President appears unlikely to make a similar call soon. China’s leaders say they are open to talks, but they also made preparations for the higher U.S. tariffs, which have …

Nation takes steps targeting global trade protectionism
2 weeks, 3 days ago

Nation takes steps targeting global trade protectionism

China Daily  

Export-bound vehicles await shipment at Taicang Port, Jiangsu province. JI HAIXIN/FOR CHINA DAILY Canada's imposition of additional tariffs on Chinese goods has strained bilateral trade relations, and China reserves the right to respond decisively to any foreign tariff measures it perceives as discriminatory, experts and business associations said on Sunday. The Ministry of Commerce said on Saturday that this is …

China learned from Trump’s first trade war and changed its tactics when tariffs came again
2 weeks, 4 days ago

China learned from Trump’s first trade war and changed its tactics when tariffs came again

Associated Press  

WASHINGTON — The leaders of both Canada and Mexico got on the phone with President Donald Trump this past week to seek solutions after he slapped tariffs on their countries, but China’s president appears unlikely to make a similar call soon. China’s leaders say they are open to talks, but they also made preparations for the higher U.S. tariffs, which …

Global Trade War: China Slaps Fresh Tariffs On Agricultural And Food Products From Canada
Trending News
2 weeks, 5 days ago

Global Trade War: China Slaps Fresh Tariffs On Agricultural And Food Products From Canada

ABP News  

China on Saturday took another step forward in the trade war triggered by US President Donald Trump. The Asian country announced tariffs on more than $2.6 billion worth of Canadian agricultural and food products, responding to the levies introduced by Ottawa in October. Notably, Canada imposed a 100 per cent and 25 per cent import duty on China-made electric vehicles …

World Trade Organization chief says US concerns on tariffs need to be heard
2 weeks, 6 days ago

World Trade Organization chief says US concerns on tariffs need to be heard

Associated Press  

GENEVA — The World Trade Organization chief urged America’s global trading partners on Friday to listen to U.S. concerns about tariffs and engage in dialogue with Washington rather than embrace tit-for-tat measures on tariffs. WTO Director General Ngozi Okonjo-Iweala said it’s important for trade partners not to panic but to embrace dialogue in reaction to President Donald Trump’s threats in …

China will 'firmly counter' US trade pressure: top diplomat
2 weeks, 6 days ago

China will 'firmly counter' US trade pressure: top diplomat

Hindustan Times  

China's foreign minister on Friday vowed Beijing would "firmly counter" US pressure, after Donald Trump heaped tariffs on Chinese goods and torched off a trade war between the world's two largest economies. China will 'firmly counter' US trade pressure: top diplomat Speaking at a press conference on the sidelines of a key political meeting, Wang Yi warned the "law of …

China's foreign minister condemns US tariffs, accuses Washington of 'meeting good with evil'
2 weeks, 6 days ago

China's foreign minister condemns US tariffs, accuses Washington of 'meeting good with evil'

New Indian Express  

BEIJING: Chinese Foreign Minister Wang Yi said China will continue to retaliate to the United States' "arbitrary tariffs" and accused Washington of "meeting good with evil" in a press conference Friday on the sidelines of the country's annual parliamentary session. Wang said China's efforts to help the US contain its fentanyl crisis have been met with punitive tariffs, which are …

Don be a loser
2 weeks, 6 days ago

Don be a loser

Times of India  

Most complex products are produced across countries. That’s why tariffs don’t benefit tariffers Cowboy Trump shoots first, asks questions later. So, just a day after enforcing 25% import duty on Mexican and Canadian goods, Trump announced concessions for cars after GM, Ford and Stellantis – the last owns Chrysler, Dodge and Jeep brands – appealed. But China fulfils a quarter …

China slams U.S. tariffs, says its economy is resilient but there are no winners in a trade war
Trending News
3 weeks ago

China slams U.S. tariffs, says its economy is resilient but there are no winners in a trade war

The Hindu  

China will not yield to bullying, and its economy can weather higher tariffs imposed by U.S. President Donald Trump and other challenges, the Chinese commerce minister said Thursday, though he added that there are “no winners in a trade war." China’s determination to defend its own interests is unswerving," Mr. Wang said, adding that “there are no winners in a …

China slams US tariffs, says its economy is resilient but there are no winners in a trade war
3 weeks ago

China slams US tariffs, says its economy is resilient but there are no winners in a trade war

Associated Press  

China will not yield to bullying and its economy can weather higher tariffs imposed by U.S. President Donald Trump and other challenges, the Chinese commerce minister said Thursday, though he added that there are “no winners in a trade war.” Speaking on the sidelines of the annual session of China’s national congress, Wang Wentao reiterated Beijing’s calls for talks. China’s …

China is secretly worried Trump will win on trade
Trending News
3 weeks ago

China is secretly worried Trump will win on trade

Live Mint  

Soon after Donald Trump won the presidential election in November, Xi Jinping asked his aides to urgently analyze the Cold War rivalry between the United States and the Soviet Union. His concern, according to people who consult with senior Chinese officials, was that as President Trump gears up for a showdown with Beijing, China could get isolated like Moscow during …

Trump turns up the heat. China says bring it on.
3 weeks, 1 day ago

Trump turns up the heat. China says bring it on.

Live Mint  

BEIJING : As President Trump ratchets up the political and economic pressure on China, Beijing has responded with a clear message: China will resist U.S. efforts to constrain its rise. Beijing sent a similar, albeit more calibrated message, at the opening of China’s annual legislative session on Wednesday, where it set an ambitious goal to expand its economy by around …

China eyes five percent growth despite U.S. trade war
3 weeks, 1 day ago

China eyes five percent growth despite U.S. trade war

The Hindu  

China set an ambitious annual growth target of around five percent on Wednesday, vowing to make domestic demand its main economic driver as an escalating trade war with the United States hit exports. A government work report vowed to make domestic demand the "main engine and anchor" of growth, adding that Beijing should "move faster to address inadequate domestic demand, …

China threatens America with 'any type of war' and says it will 'fight to the end' as Trump's tariffs come into effect and US threatens MORE
3 weeks, 1 day ago

China threatens America with 'any type of war' and says it will 'fight to the end' as Trump's tariffs come into effect and US threatens MORE

Daily Mail  

China has hit back at President Donald Trump's vow to impose further tariffs with a stark warning that Beijing is ready for a tariff war or 'any other type of war'. He also doubled down the foreign ministry's warning of 'war' A cargo ship loaded with containers docks at Hong Kong International Terminal on March 4, 2025 after President Trump …

You want war, you'll have it: China's stern message to Trump over tariffs
3 weeks, 1 day ago

You want war, you'll have it: China's stern message to Trump over tariffs

India Today  

China said that it was ready to "fight till the end" if the United States was hell-bent on waging a trade war as President Donald Trump vowed to impose reciprocal tariffs against the Asian giant. In a scathing post on X, the Chinese Foreign Ministry said the US was using fentanyl as a "flimsy excuse" to raise tariffs on Chinese …

‘If war is what US wants…’: China vows to ‘fight till the end’, says fentanyl issue is ‘flimsy excuse’ amid tariff war
Trending News
3 weeks, 2 days ago

‘If war is what US wants…’: China vows to ‘fight till the end’, says fentanyl issue is ‘flimsy excuse’ amid tariff war

Live Mint  

US-China Trade War: “The fentanyl issue is a flimsy excuse to raise US tariffs on Chinese imports”, China hit back at US president Donald Trump on Tuesday. “If war is what the US wants, be it a tariff war, a trade war or any other type of war, we’re ready to fight till the end”, Beijing vowed. The 10% tariff …

New trade war? China, Canada retaliate to US tariffs by announcing counter-tariffs on US goods
3 weeks, 2 days ago

New trade war? China, Canada retaliate to US tariffs by announcing counter-tariffs on US goods

Op India  

Following the confrmation by the United States about imposing tariffs on exports from Canada, China and Mexico, the three countries have also announced retaliatory measures against the US. US President Trump’s decision to impose reciprocal tariffs on countries has attracted widespread criticism along with concerns about inflation and rising trade tensions globally. “The first stage will see 25 per cent …

US-China trade war looms as Beijing vows retaliation to Trump’s new tariffs taking effect today
3 weeks, 2 days ago

US-China trade war looms as Beijing vows retaliation to Trump’s new tariffs taking effect today

Firstpost  

China would reportedly hit back with a series of both tariffs and non-tariff measures in response to the additional 10 per cent duties imposed by Trump. The country’s Commerce Ministry on Tuesday vowed to hit back against the fresh US import tariffs, reiterating its stance that the Trump administration was trying to “shift the blame” and “bully” Beijing over fentanyl …

China defies Trump’s trade war by setting ambitious 5% growth target, vows to ‘prevail over any difficulty’
3 weeks, 2 days ago

China defies Trump’s trade war by setting ambitious 5% growth target, vows to ‘prevail over any difficulty’

CNN  

Beijing/Hong Kong CNN — China has set an ambitious target of “around 5%” growth for 2025, in a defiant show of confidence as it braces for the fallout from escalating American tariffs on its export-driven economy. “The giant ship of China’s economy will continue to cleave the waves and sail steadily toward the future.” Li did not directly address the …

Trade war heats up: China strikes back at US after Trump's tariffs
3 weeks, 2 days ago

Trade war heats up: China strikes back at US after Trump's tariffs

India Today  

China has responded to the latest round of US tariffs by imposing new duties on American agricultural and food products, reported news agency Reuters. China's commerce ministry said the US tariffs violate World Trade Organization rules and undermine trade relations between the two nations. The US has accused China of allowing chemicals used in fentanyl production to flow into America, …

China defies Trump’s trade war by setting ambitious 5% growth target, vows to ‘prevail over any difficulty’
3 weeks, 2 days ago

China defies Trump’s trade war by setting ambitious 5% growth target, vows to ‘prevail over any difficulty’

CNN  

Beijing/Hong Kong CNN — China has set an ambitious target of “around 5%” growth for 2025, in a defiant show of confidence as it braces for the fallout from escalating American tariffs on its export-driven economy. “The giant ship of China’s economy will continue to cleave the waves and sail steadily toward the future.” Li did not directly address the …

China preparing countermeasures to U.S. tariff threat: Chinese media report
3 weeks, 3 days ago

China preparing countermeasures to U.S. tariff threat: Chinese media report

The Hindu  

Analysts say Beijing still hopes to negotiate a truce with the Trump administration, but with no signs of any trade talks, cooperation between the two economic giants is fading China is preparing countermeasures against fresh U.S. import tariffs set to take effect on Tuesday, China's state-controlled Global Times reported, raising the prospect of an all-out trade war between the world's …

China’s ‘two sessions’: Beijing vows to ‘fight till the end’ as Trump escalates trade war
3 weeks, 3 days ago

China’s ‘two sessions’: Beijing vows to ‘fight till the end’ as Trump escalates trade war

CNN  

Beijing CNN — China has vowed to “fight till the end” after US President Donald Trump escalated his trade war by doubling tariffs on all Chinese imports to 20%. “If the US insists on waging a tariff war, trade war, or any other kind of war, China will fight till the end.” The barrage of retaliatory measures and fiery exchanges …

Rebutting Trump: China’s Retaliatory Tariffs
3 weeks, 4 days ago

Rebutting Trump: China’s Retaliatory Tariffs

The Diplomat  

On February 1, 2025, U.S. President Donald Trump declared that all imports from China would be subject to a new 10 percent tariff, citing concerns such as fentanyl trafficking and intellectual property theft. This unilateral tariff increase came on top of existing tariffs on China, making another chapter in the ongoing trade war between the world’s two largest economies. The …

China vows 'all necessary countermeasures' over latest U.S. tariffs
3 weeks, 6 days ago

China vows 'all necessary countermeasures' over latest U.S. tariffs

The Hindu  

China on Friday vowed to take "all necessary countermeasures" after U.S. President Donald Trump said he would impose an additional 10% tariff on Chinese imports. Mr. Trump's latest move is due to enter effect on Tuesday alongside sweeping 25% levies on Canadian and Mexican imports, intensifying a brewing trade war between the world's two largest economies. In response to Mr. …

Beijing vows 'all necessary countermeasures' against new US tariffs on Chinese imports
3 weeks, 6 days ago

Beijing vows 'all necessary countermeasures' against new US tariffs on Chinese imports

New Indian Express  

BEIJING: China on Friday vowed to take "all necessary countermeasures" after US President Donald Trump said he would impose an additional 10 percent tariff on Chinese imports. Trump's latest move is due to enter effect on Tuesday alongside sweeping 25 percent levies on Canadian and Mexican imports, intensifying a brewing trade war between the world's two largest economies. In response …

China sees opportunity in a world turned upside down by Trump
1 month ago

China sees opportunity in a world turned upside down by Trump

CNN  

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. In this time of “transformation and turbulence,” China has a vision for a “safer world,” its top diplomat Wang Yi told G20 counterparts last week as he reiterated Beijing’s pitch for “a new …

China sees opportunity in a world turned upside down by Trump
1 month ago

China sees opportunity in a world turned upside down by Trump

CNN  

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. In this time of “transformation and turbulence,” China has a vision for a “safer world,” its top diplomat Wang Yi told G20 counterparts last week as he reiterated Beijing’s pitch for “a new …

Trump administration targets China with new trade and investment restrictions
1 month ago

Trump administration targets China with new trade and investment restrictions

Hindustan Times  

The Trump administration took aim at China with a series of moves involving investment, trade and other issues that raises the risk ties may soon worsen between the US and its top economic rival. The Trump administration targeted China with a number of trade, investment, and other policies that increase the likelihood that relations between the US and its main …

Trade deal ‘possible’ with China: Trump
1 month, 1 week ago

Trade deal ‘possible’ with China: Trump

The Hindu  

U.S. President Donald Trump suggested on Wednesday that a trade deal was “possible” with China — a key target in the U.S. leader’s tariffs policy. In 2020, the U.S. had already agreed to “a great trade deal with China” and a new deal was “possible”, Mr. Trump told reporters aboard Air Force One. One month into his second term in …

Beijing says China and US should show 'mutual respect' on trade tensions
1 month, 1 week ago

Beijing says China and US should show 'mutual respect' on trade tensions

New Indian Express  

BEIJING: China called on Thursday for the United States to show "mutual respect" in managing commercial tensions after US President Donald Trump said a trade deal with Beijing was "possible." Asked on Thursday about Trump's comments, Beijing's foreign ministry said the two countries "should resolve their concerns through dialogue and consultation based on equality and mutual respect". "We resolutely oppose …

Dani Rodrik: America’s trade partners should resist magnifying the irrationality on display
1 month, 2 weeks ago

Dani Rodrik: America’s trade partners should resist magnifying the irrationality on display

Live Mint  

By wielding the threat of imposing across-the-board tariffs against Canada, Mexico and China for no justifiable reason, US President Donald Trump demonstrated that he is a major risk for America and its trade partners. To be sure, Canada, Mexico, China and other countries that will bear the brunt of Trump’s trade actions do not have the luxury of insulating themselves …

Chinese counter-tariffs to kick in as Trump threatens more to come
1 month, 2 weeks ago

Chinese counter-tariffs to kick in as Trump threatens more to come

NPR  

Chinese counter-tariffs to kick in as Trump threatens more to come toggle caption Andy Wong/AP BEIJING — Retaliatory Chinese tariffs on a range of U.S. products are due to take effect on Monday, as trade friction between the two rivals heated up with no end in sight. Sponsor Message Asked about the tariffs, Chinese Foreign Ministry spokesman Guo Jiakun told …

China's retaliatory tariffs on $14 billion worth of US goods now in effect
1 month, 2 weeks ago

China's retaliatory tariffs on $14 billion worth of US goods now in effect

Firstpost  

Minutes after the US imposed 10% tariffs on Chinese imports last week, Beijing responded by launching an antitrust investigation into Google. China’s finance ministry also announced new tariffs on American goods including a 15% levy on coal and liquefied natural gas and a 10% tariff on crude oil, farm equipment, large-displacement vehicles and pickup trucks. China’s Retaliatory Tariffs on $14 …

China's retaliatory tariffs on US to come into effect from Monday: Can it start a new trade war?
Trending News
1 month, 2 weeks ago

China's retaliatory tariffs on US to come into effect from Monday: Can it start a new trade war?

Firstpost  

Trump announced an extra 10 per cent tariff on Chinese goods last week. But Xi remained undeterred and unveiled extra 10-15 per cent duties on US energy exports and farm equipment The risk of another full-blown trade war between China and the US seems just a hair’s breadth away. “So Trump probably wants something more that they cannot publicly talk …

China's retaliatory tariffs on US to come into effect from Monday: Can it start a new trade war?
1 month, 2 weeks ago

China's retaliatory tariffs on US to come into effect from Monday: Can it start a new trade war?

Firstpost  

Trump announced an extra 10 per cent tariff on Chinese goods last week. But Xi remained undeterred and unveiled extra 10-15 per cent duties on US energy exports and farm equipment US president elect Donald Trump and Chinese President Xi Jinping. “So Trump probably wants something more that they cannot publicly talk about.” This could be things like pushing China …

US' tariff wars create a losing situation for all: China Daily editorial
1 month, 2 weeks ago

US' tariff wars create a losing situation for all: China Daily editorial

China Daily  

FILE PHOTO: A cargo ship full of shipping containers is seen at the port of Oakland in Oakland, California, US, Feb 3, 2025. US President Donald Trump, during a meeting with visiting Japanese Prime Minister Shigeru Ishiba on Friday, announced plans to impose reciprocal tariffs on multiple countries next week, escalating the risk of a global trade war. In today's …

‘Vile, unilateralist’: China furious over Trump tariffs, says move aggravated global trade tension
Trending News
1 month, 3 weeks ago

‘Vile, unilateralist’: China furious over Trump tariffs, says move aggravated global trade tension

Firstpost  

The Chinese commerce ministry said on Thursday US tariffs were “vile”, “unilateralist” and exacerbated global trade tensions, after President Donald Trump threatened to heap import duties on major US trading partners A general view of the container terminals at Kwai Chung district in Hong Kong, China on November 28, 2024. Reuters File The Chinese commerce ministry said on Thursday US …

China holds out hope last-minute deal can avert U.S. trade war
1 month, 3 weeks ago

China holds out hope last-minute deal can avert U.S. trade war

Raw Story  

by Oliver HOTHAM China's new tariffs on U.S. imports like oil, coal and cars are relatively modest in scale, suggesting that Beijing is hoping for a last-minute deal but also giving them the option to inflict more pain if needed, analysts say. The moves hit roughly $20 billion worth of US goods per year -- roughly 12 percent of total …

China goes after Intel, NVIDIA, Google in response to Trump's trade war, announces new US tariffs
1 month, 3 weeks ago

China goes after Intel, NVIDIA, Google in response to Trump's trade war, announces new US tariffs

Firstpost  

Along with Google, NVIDIA and Intel are also facing potential antitrust probes by Chinese regulators as part of this broader retaliatory strategy. In addition to the antitrust investigations, China has also imposed new tariffs and tightening export controls on several critical minerals As the trade war between the US and China continues to intensify, these latest actions underscore the complex …

'No winners in trade war': China reacts to Trump tariffs, seeks 'dialogue' to resolve issues
Trending News
1 month, 3 weeks ago

'No winners in trade war': China reacts to Trump tariffs, seeks 'dialogue' to resolve issues

Firstpost  

Trump’s tariffs against China stem from his concern that Beijing is not doing enough to stop the deadly fentanyl trade, which US authorities estimate causes tens of thousands of deaths a year Workers are seen in a port at Binhai economic area in the municipality of Tianjin, northwest China on February 5, 2025. AFP/Representational image China on Wednesday sought “dialogue” …

'No winners in trade war': China reacts to Trump tariffs, seeks 'dialogue' to resolve issues
1 month, 3 weeks ago

'No winners in trade war': China reacts to Trump tariffs, seeks 'dialogue' to resolve issues

Firstpost  

Trump’s tariffs against China stem from his concern that Beijing is not doing enough to stop the deadly fentanyl trade, which US authorities estimate causes tens of thousands of deaths a year Workers are seen in a port at Binhai economic area in the municipality of Tianjin, northwest China on February 5, 2025. AFP/Representational image China on Wednesday sought “dialogue” …

China has given Trump 6 days to avoid trade war but he is in no hurry to meet Xi
1 month, 3 weeks ago

China has given Trump 6 days to avoid trade war but he is in no hurry to meet Xi

Firstpost  

Earlier this week, in a tit-for-tat move, Beijing said it would implement a 15 per cent tariff on coal and liquefied natural gas products along with a 10 per cent tariff on crude oil US President Donald Trump and Chinese President Xi Jinping in Beijing in 2017. File image/AP US President Donald Trump and his Chinese counterpart Xi Jinping are …

What do Trump’s first weeks tell us about his China strategy?
1 month, 3 weeks ago

What do Trump’s first weeks tell us about his China strategy?

Live Mint  

China is a theme in President Trump’s first weeks in the White House, factoring into over a third of the more than 80 executive orders and key actions he has signed so far. “He’s less ideologically driven," said Henry Huiyao Wang, founder and president of the Center for China and Globalization, a Beijing think tank. He points to Trump’s order …

Mint Quick Edit | Dial back the US-China trade war: It’s lose-lose
Trending News
1 month, 3 weeks ago

Mint Quick Edit | Dial back the US-China trade war: It’s lose-lose

Live Mint  

Within days of the US declaring a 10% extra tariff on imports from China, Beijing has retaliated with announcements of its own that will make US shipments to the People’s Republic costlier. American coal and LPG will now face 15% tariffs and a 10% levy will apply on US crude oil, farm equipment and certain vehicles. Earlier, Canada and Mexico …

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