China Opposes US Tariffs, Says it Will Retaliate

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China Opposes US Tariffs, Says it Will Retaliate - Asia Financial

Quick Summary:

Trump on Wednesday announced China would be hit with a 34% tariff, on top of the 20% he previously imposed earlier this year

The post China Opposes US Tariffs, Says it Will Retaliate appeared first on Asia Financial.

China has kept its economic target for this year unchanged at “around 5%” despite Trump’s tariff salvos which could halt a largely export-led recovery underway since the end of the Covid-19 pandemic.