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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.
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 impact of external shocks. Tariffs will only lead to high costs for 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.
Senior Chinese official warns that any future US tariff hikes will backfire
Higher tariffs on Chinese exports will backfire, just increasing prices paid by consumers, while China can manage to weather the impact of such "external shocks", a senior Commerce Ministry official said Friday in Beijing.
Barron's on MSN
1d
China’s Exporters Were Worried Before Trump’s Election. Now, the Tariff Threat Is Real.
Another potential flashpoint for exporters is whether
China
’s most-favored-nation trade (MFN) trade status—which gives it ...
1d
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 ...
15h
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
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 ...
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 ...
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.
1h
The world's biggest business leaders talk 'tariff man' Trump
As a reminder, Trump has floated 60% or higher tariffs on China and up to 20% on most goods out of other countries. Now, ...
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 ...
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 ...
4d
on MSN
Trump to unleash nearly 40% tariffs on China in early 2025, hitting growth: Reuters poll
The United States could impose nearly 40% tariffs on imports from China early next year, a Reuters poll of economists showed, ...
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