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China Prepares for Retaliation as Trump Considers New Tariffs

1 min read
Source: Bloomberg
China Prepares for Retaliation as Trump Considers New Tariffs
Photo: Bloomberg
TL;DR

China is prepared to retaliate if President-elect Donald Trump imposes a 60% tariff on Chinese imports, according to Zhu Min, a former deputy governor of the People's Bank of China. Zhu indicated that China would likely take the issue to the World Trade Organization and has various options for response.

Topics:worldinternational-trade#china#donald-trump#international-trade#retaliation#tariffs#world-trade-organization
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  1. China to Retaliate If Trump Boosts Tariff, Says Ex-PBOC Official  Bloomberg
  2. Beijing is already preparing to retaliate in a second Trump era  The Washington Post
  3. Opinion | Donald Trump Changed the Game With China. Now He Could Win It.  The New York Times
  4. Donald Trump’s Trade War Would Upend the Global Economy  Barron's
  5. Experts say Trump's threatened China tariffs could actually help Beijing weather an economic storm  CBS News

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