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Tariff hikes will backfire, and China can manage such ‘external shocks,’ a senior official says
A senior Chinese official says higher tariffs on Chinese exports will backfire by boosting prices paid by consumers.
U.S. tariff hikes will backfire, says China’s commerce official
A commerce official says that not only will U.S. tariff hikes backfire, but that China's economy would be able to weather the impact.
Trump’s 60% tariffs will ‘backfire’ on US and drive up prices, China warns
Despite the upbeat message, the threat of higher tariffs, following on increases during Trump’s first administration and additional hikes in import duties by the administration
China opens door to dialogue as Trump plans steep tariffs
China is ready for dialogue with the United States. President-elect Donald Trump announced the introduction of high tariffs on Chinese products. According to experts, tariffs on Chinese imports might reduce the growth of the world's second-largest economy by 1 percentage point.
Trump tariffs to backfire, China says
Higher tariffs on Chinese exports will backfire, just increasing prices paid by consumers, while China can manage to weather the effects of such "external shocks," a senior Commerce Ministry official said Friday in Beijing.
1d
on MSN
China’s Exporters Were Worried Before Trump’s Election. Now, the Tariff Threat Is Real.
Some Chinese businesses are bracing for additional U.S. levies at a time when Beijing is already cutting assistance due to ...
21h
on MSN
Germany in economic doldrums amid Trump tariff war, China competition
Reliance on cheap Russian energy along with brutal competition from China has hit the German economy hard, and ...
2d
China resilient against external shocks, vice commerce minister says amid US 60% potential tariff threat
China's economy has demonstrated strong resilience, great potential and vitality, and the country is capable of resisting the ...
1d
Mega-port reshapes China-Latin America trade amid US tariff threats
Zhang Jun assiduously followed the news as Chancay port in Peru was developed into the biggest deep water project of its kind ...
11h
on MSN
Man Group, Abrdn Count on China Stimulus to Revive Bull Run
Donald Trump’s return has cast a pall over China’s $10 trillion stock market, but for some money managers, the party isn’t ...
1d
China is armed and ready for trade war 2.0 with Donald Trump
In the summer of 2018, when former President Donald Trump launched a trade war with Beijing, the Chinese economy was gaining ...
Benzinga.com
11d
China Pushes For 'Win-Win' As U.S. Tariff Threat Looms – What It Means For Global Markets
Despite the threat of
tariff
increases,
China
continues to broaden its global trade influence. Francoise Huang, senior ...
1d
on MSN
KS Republicans back Trump’s tariff proposal. Why experts fear trade war could hurt farmers
Agriculture, Kansas’ biggest export sector, would bear the brunt of the risk if the U.S. and China renewed trade hostilities.
5d
China ETF Outflows Increase as Traders Flee on Trump Tariff Risk
Exchange-traded funds that buy Chinese stocks continue to see outflows amid rising concerns over the nation’s growth outlook ...
4d
Japan exports rebound on China chipmaking demand but Trump tariff risks loom
Japan's exports expanded faster than expected in October, led by a pick-up in chip equipment demand in China, though fears ...
Investment Executive
2d
Tariff hikes will backfire, China can manage such ‘external shocks’: senior official
Higher tariffs on Chinese exports will backfire, just increasing prices paid by consumers, while
China
can manage to ...
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