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China learned from Trump's first trade war and changed its tactics when tariffs came again

China's leaders prepared for U.S. Tariffs by imposing their own taxes on U.S. Farm imports.
Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum warned that retaliation will have no winners.
Chinese Foreign Minister Wang Yi warned against U.S. Attempts to suppress China, stating that pressure would lead to firm retaliation.
Scott Kennedy noted that China is not psychologically shocked by Trump's trade tactics, indicating they had anticipated such moves this time.

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Financial Times

China returns fire in Donald Trump’s trade war

Tariff salvo on US agricultural goods, Greenland goes to the polls and investors discover if buying Lego is still fun

1 day ago·London, United Kingdom

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The Columbian

China learned lessons from Trump’s first trade war

WASHINGTON — The leaders of both Canada and Mexico got on the phone with President Donald Trump last week to seek solutions after he slapped tariffs on their countries, but China’s president appears unlikely to make a similar call soon. Read more...

2 days ago·Vancouver, United States

China learned from Trump’s first trade war and changed its tactics when tariffs came again

Beijing, which unlike America’s close partners and neighbours has been locked in a trade and tech war with the U.S. for years, is taking a different approach to Trump in his second term

2 days ago·Canada

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Daily Breeze

A look at how tariffs work

Since the 17th century, tariffs have been used by U.S. government officials as a means to influence or settle political and economic affairs on national and international levels. Since returning to office, President Donald Trump has promised to impose tariffs on foreign imports to the U.S. with levies on Canada and Mexico already in effect. Here’s a look at tariffs and the role they play in the U.S. (click to open as pdf) THE POWER OF TARIFFS Re…

2 days ago

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The Korea Times

+24 Reposted by 24 other sources

China-US trade war heats up with Beijing's tariffs to take effect

Trade tensions between the world's two leading economies are set to escalate on Monday, as Beijing begins levying tariffs on certain agricultural goods from the United Statets in retaliation for President Donald Trump's latest hike on Chinese imports.

2 days ago·Korea, Republic of

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Bloomberg

China’s Economic Challenges With Lawrence H. Summers

Former US Treasury Secretary and Wall Street Week contributor Lawrence H. Summers breaks down China’s economic future as it faces challenges including consumer confidence, tariffs imposed by President Donald Trump, a weak housing market and foreign investment outflows. Elizabeth Economy from the Hoover Institute also tells us what priorities China will focus on at its National People’s Congress meeting that began this week. (Source: Bloomberg)

2 days ago·United States

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