China vows retaliation as Trump unleashes ‘bazooka’ US tariffs

Quick Summary:

China vowed to retaliate against Donald Trump’s biggest tariffs yet, putting the world’s largest economies on a collision course that risks decimating bilateral trade and upending supply chains.

While the US says that it purchased $439 billion in goods from China last year, Beijing reported exporting almost $525 billion worth to the US, with de minimis trade likely accounting for much of that gap.

Beijing has responded to Trump’s previous tariffs with targeted measures designed to avoid hurting its own economy, which is battling a property crash and facing its longest spell of deflation since the Mao Zedong era.

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Article Details

Category: EconomyBusiness

Markets: ThailandCambodiaChinaHong KongPanamaVietnam

Topics: Beijing Trump Chinese Exports China Trade Tariffs According

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-03 @ 15:13:00 (22 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 938 words

Reading Time: 6 minutes read

Sentences: 32 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 27559430

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