China's Firm Response to U.S. Tariffs Fuels Trade War Concerns

Reported 9 days ago

China has vowed to retaliate strongly against U.S. tariffs threatened by Donald Trump, as tensions between the world's two largest economies escalate. The Chinese Ministry of Commerce stated its commitment to ‘fight to the end’ against U.S. pressure, amidst efforts to support their markets through monetary measures. This situation raises fears of a prolonged trade war, as Trump’s proposed tariffs could significantly increase import costs from China.

Source: YAHOO

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