China under pressure to retaliate as US tariffs hit harder and faster than expected

Donald Trump

Analysts say Beijing is weighing targeted countermeasures, stimulus, and diplomatic outreach as options narrow. SINGAPORE: China is now under pressure to strike back after United States President Donald Trump unleashed sweeping new tariffs on Wednesday (Apr 2), a move which analysts say is not only expected but may also be necessary. China, the world’s second largest economy and a major US trading partner, will be hit with a 34 per cent tariff, on top of the 20 per cent levy previously imposed

Tag-uri: Donald Trump

din zilele anterioare