Trump tariffs: China's tougher response in trade war 2.0 signals readiness to decouple from US economy
- China imposed retaliatory tariffs of 84% on American goods, effective April 10, following US tariff hikes.
- The tariffs came in response to cumulative US tariffs reaching 104% on Chinese products during the trade war.
- Beijing's move signals a shift from its cautious stance, indicating a readiness to accept trade consequences.
- China pledged to "fight to the end," marking a departure from previous cautious approaches.
- Analysts suggest China is prepared to decouple from the US economy, focusing on trade diversification with other nations.
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Letters to the Editor: Stock market signals that it is unwilling to rescue economy from poor fiscal policy
'Trump has started a trade war by bombing the global economy with tariffs. Other countries are retaliating with their own reciprocal tariffs and escalating the war. '
·Los Angeles, United States
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