China eyeing U.S. farm exports for retaliation, report says, as importers rush to beat tariffs
3 weeks, 2 days ago

China eyeing U.S. farm exports for retaliation, report says, as importers rush to beat tariffs

The Hindu  

Chinese manufacturers reported an uptick in orders in February as importers rushed to beat higher U.S. tariffs imposed by President Donald Trump, as a Chinese state media report said that Beijing was considering ways to retaliate. The Global Times, a newspaper of China's ruling Communist Party, said Monday that Beijing was studying both tariffs and non-tariff moves to counter Trump's higher tariffs. Steady industrial production suggests that government spending and “front running” to beat the higher tariffs supported stronger business activity last month, Zichun Huang of Capital Economics said in a report. 2025 is the last year of leader Xi Jinping's “Made in China 2025” blueprint for upgrading Chinese industries to become global leaders in advanced technology.

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