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China vows to retaliate as necessary after Trump threatens another 10% tariff hike

  • China's Ministry of Commerce stated it "firmly opposes" U.S. President Donald Trump's threat to raise tariffs and promised retaliation if necessary.
  • A spokesperson for the Ministry of Commerce mentioned that China is prepared to take all necessary countermeasures to defend its legitimate rights and interests.
  • Lin Jian, a spokesperson, warned that U.S. tariffs will backfire and only worsen relations with China.
  • Deborah Elms noted that Trump's tariff announcement could lead China to assume that a trade deal may not be achievable soon.
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Trump said last week that he would impose an additional 10 percent tariff on China, which would bring the tariffs imposed on the country by the United States to 20 percent.

·Finland
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Donald Trump wants to increase tariffs on goods from China by another 10 percent. In addition, the American government plans to make it difficult for investors from China to access the American market.

·Zürich, Switzerland
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  • 36% of the sources are Center
36% Center

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Australian Financial Review broke the news in Sydney, Australia on Thursday, February 27, 2025.
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