Reported about 17 hours ago
China has urged calm in response to President Trump’s tariff hikes, asserting it has the necessary policy tools to bolster its economy while not dismissing the possibility of negotiations with the US. In a front-page editorial, the People’s Daily emphasized resilience and a commitment to boosting domestic demand through stimulus measures, amidst fears of escalating trade tensions that could harm global growth. As tensions rise, China is reportedly preparing a range of counter-measures, while also reassuring American companies of support during this economic standoff.
Source: YAHOO