China, Trump administration, International trade, Asia Pacific, Business, Economics, Global economy, US news, US politics, World news Business | The Guardian
Beijing will defend its core interests, but its initial response is more cautious than when Trump imposed levies in 2018Moments after Donald Trump introduced tariffs of 10% on Chinese goods, Beijing retaliated with countermeasures.China’s finance ministry put tariffs of 10-15% on imports of a range of US goods and its anti-trust regulator announced an investigation into Google. Several US companies were also added to China’s “unreliable entity” list, potentially restricting their ability to conduct business in the country. Continue reading…
Beijing will defend its core interests, but its initial response is more cautious than when Trump imposed levies in 2018
Moments after Donald Trump introduced tariffs of 10% on Chinese goods, Beijing retaliated with countermeasures.
China’s finance ministry put tariffs of 10-15% on imports of a range of US goods and its anti-trust regulator announced an investigation into Google. Several US companies were also added to China’s “unreliable entity” list, potentially restricting their ability to conduct business in the country.
