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Trump’s 60% tariffs will ‘backfire’ on US and drive up prices, China warns
Wang noted that China’s total foreign trade including imports and exports reached 36 trillion yuan (nearly $5 trillion) in January-October, up about 5% from the same period of 2023.
Senior Chinese official warns that any future US tariff hikes will backfire
Responding to a reporter's question about US President-elect Donald Trump's plan to impose 60% tariffs on imports from China, Vice Commerce Minister
Wang
Shouwen
said that would "not solve the country’s own trade deficit problem".
Wang
said: "On the ...
Trump tariffs to backfire, China says
Higher tariffs on Chinese exports will backfire, just increasing prices paid by consumers, while China can manage to weather the effects of such "external shocks," a senior Commerce Ministry official said Friday in Beijing.
U.S. tariff hikes will backfire, says China’s commerce official
A commerce official says that not only will U.S. tariff hikes backfire, but that China's economy would be able to weather the impact.
17h
China urges ‘positive dialogue’ with US as Trump’s threatened tariffs loom large
Deputy commerce minister also warns of tariffs’ adverse effects on the country imposing them, while pointing to China’s ...
Finance & Commerce
13h
China can manage ‘external shocks’ of U.S. tariffs, senior official says
Trucks and engineering vehicles await transportation from a port in Yantai in eastern China's Shandong province, on Nov. 19.
1d
China says it is willing to talk with US to push forward bilateral trade
China is willing to conduct active dialogue with the United States based on the principles of mutual respect and promote the ...
devdiscourse
1d
Bridging Trade Gaps: China-US Business Relations
China's Vice Commerce Minister Wang Shouwen emphasized the mutual benefits of stable trade relations between China and the ...
Yahoo
1d
China Vows to Help Firms Export More Despite Growing Backlash
Beijing will provide financial and diplomatic help for exporting companies, said
Wang
Shouwen
, the Chinese international ...
1d
on MSN
China says stable trade and business development with US will benefit both nations
A stable and sustainable development trend on trade and business matters between China and the United States will benefit ...
Investment Executive
1d
Tariff hikes will backfire, China can manage such ‘external shocks’: senior official
Responding to a reporter’s question about U.S. President-elect Donald Trump’s plan to impose 60% tariffs on imports from ...
香港電台網站
1d
'China ready to manage differences with US'
Vice Commerce Minister Wang Shouwen said China is ready to engage in dialogue and manage differences with the United States ...
22h
China to boost cross-border e-commerce to fuel industrial chains: MOFCOM
Cross-border e-commerce is an effective force in international trade, and so is cross-border e-commerce in China, China ...
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