China vows ‘resolute and effective measures’ after Trump’s 104% tariffs take effect

China wants to protect its economy from US tariffs of 104% driving consumption and investing in key sectors, but it remains very vulnerable to the customs storm unleashed by Donald Trump, analysts said. Beijing has promised to oppose “to the end” the Washington tariff campaign, and its Prime Minister Li Qiang declared on Tuesday that the country trusts “fully” in the resistance of its economic growth. But, what will happen in practice? Even with…

China economy scramble as prices hiked up to 70% as Donald Trump tariffs hit

Chinese businesses have reacted swiftly to Donald Trump's 104% tariffs on the country as the economic dispute shows no signs of letting up.

Trump’s tariff blitz could hardly have come at a worse time for China

Beijing is remaining defiant in the face of President Donald Trump’s trade measures, but it will have to take some sort of action to shore up its weak economy.

The declarations came in response to Washington’s application of a 10 percent base tariff to most countries, the temporary suspension of higher reciprocal tariffs and the threat of continuing to raise tariffs on Chinese imports. Chinese Foreign Ministry spokesman Lin Jian reported at a press conference that the United States, “driven by its own interest, has used tariffs as a weapon to exert extreme pressure and gain selfish benefits.”

Donald Trump increases the fines against China to over 100 percent. What consequences does this have for both nations? Beijing, according to expert Zenglein, is definitely prepared.

US-China trade snarls as world’s biggest economies brace for divorce

Shipments cancelled as punitive levies hit