China Gears Up for Trade and Currency Battle Amid Trump's Tariff Threats

China is preparing countermeasures against potential trade actions by Donald Trump, who has signaled a tough stance on US-China trade relations. Beijing has enacted laws to blacklist foreign companies and control exports of critical resources, aiming to retaliate if necessary. While China's economy remains vulnerable, it is also working to strengthen its supply chains and trade ties with non-US aligned countries. Experts warn that China's retaliatory capabilities are underestimated, and a renewed trade war could have significant global economic impacts.