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News in English (USA) / 02.02.2025 / 11:00

Trade Tensions Rise as China Responds to New US Tariffs

In a significant escalation of trade tensions, China has firmly opposed the recent tariffs imposed by the US, particularly targeting imports from Canada, Mexico, and China itself. Chinese officials have expressed strong dissatisfaction, vowing to implement countermeasures and threatening to challenge the tariffs at the World Trade Organization (WTO). Analysts suggest that China is well-prepared for a prolonged trade war, with businesses bracing for impact. Despite the challenging circumstances, some observers note that there may still be an opportunity for a deal, as President Trump appears to seek a resolution rather than further escalation.
Financial Times, The New York Times, The White House, Bloomberg, Reuters.com, CNBC, The Times of India, South China Morning Post, Nikkei Asia, Foreign Policy