Higher tariffs on Chinese exports will backfire, just increasing prices paid by consumers, while China can manage to weather the impact of such “external shocks,” a senior Commerce Ministry official said Friday in Beijing. 

tag:reuters.com,2024:binary_RC20F5ADUF3F-BASEIMAGE

KIFI

Idaho Falls

Bonneville County

Idaho

United States

Tariff hikes will backfire, and China can manage such 'external shocks,' a senior official says

A senior Chinese official says higher tariffs on Chinese exports will backfire by boosting prices paid by consumers

Ad Fontes Media

All Sides

Media Bias/Fact Check

The Independent

Evgeny Lebedev

London

Greater London

England

United Kingdom

A senior Chinese official says higher tariffs on Chinese exports will backfire by boosting prices paid by consumers.

Associated Press News

Independent Media

AP Business Writer HONG KONG (AP) — A senior Chinese official says higher tariffs on Chinese exports will backfire by boosting prices paid by consumers. The official, Vice Commerce Minister Wang Shouwen, told reporters in Beijing that China can manage “the impact of external shocks” like higher tariffs. Asked about U.S. President-elect Donald Trump’s plan to impose 60% tariffs on Chinese goods, Wang said that would not sold the U.S. trade defici…

News-Press & Gazette Company

KVIA

Panama City

Bay County

Florida

A Greens policy intended to boost electric car sales has been tipped to backfire. Sales of electric and plug-in hybrid (PHEV) vehicles have been boosted by a Labor Government EV discount that makes efficient cars cheaper to lease than petrol or diesel equivalents.

News

Murdoch family

‘Shame’: Aussie EV push backfires big time

HONG KONG (AP) -- Higher tariffs on Chinese exports will backfire, just increasing prices paid by consumers, while China can manage to weather the impact of such "external shocks," a senior Commerce Ministry official said Friday in Beijing.

Financial Post

Leon Cooperman

Allianz

Canada

HONG KONG (AP) — Higher tariffs on Chinese exports will backfire, just increasing prices paid by consumers, while China can manage to weather the impact of such “external shocks,” a senior Commerce Ministry official said Friday in Beijing.  Responding to a reporter’s question about U.S. President-elect Donald Trump’s plan to impose 60% tariffs on imports from China, Vice Commerce Minister Wang Shouwen said that would “not solve the country’s own…

KOB 4

Hubbard Broadcasting

Albuquerque

Bernalillo County

New Mexico

Higher tariffs on Chinese exports will backfire - and China can manage the impact of such "external shocks", a senior Commerce Ministry official said on Friday in Beijing.

Euronews

European Broadcasting Union

France

Senior Chinese official warns any future US tariff hikes will backfire

AP Business Writer HONG KONG (AP) — A senior Chinese official says higher tariffs on Chinese exports will backfire by boosting prices paid by consumers. The official, Vice Commerce Minister Wang Shouwen, told reporters in Beijing that China can manage “the impact of external shocks” like higher tariffs. Asked about U.S. President-elect Donald Trump’s plan to impose 60% tariffs on Chinese goods, Wang said that would not solve the U.S. trade defic…

Tariff hikes will backfire, and China can manage such 'external shocks,' a senior official says

Coverage Details

Bias Distribution

Ownership

Similar News Topics

Similar News Topics