Quotes
China is not afraid of the US in the tariff war, and in the past seven years we have known that Trump will push further,
said Wang Wen, the dean of the Chongyang institute for financial studies at Renmin University in Beijing While we are not as pessimistic as many in markets on the impact of tariffs on China’s growth trajectory, it’s likely that for China to be able to see stable growth in 2025, we will need to see the domestic demand side picking up the slack.”
Economists at Ing noted earlier this month When the US tariffs took effect, China launched another tariff. I think it is quite normal,
Steven Leung of UOB Kay Hian, a Singaporean brokerage firm, told Reuters A tariff that makes no sense from one perspective might be entirely wise and effective from another,
American Compass’s Oren Cass contended on an X thread Well, how do you like them apples?”
Vice President JD Vance asked on Monday Number one is the people that have poured into our country, so horribly and so much … number two are the drugs, fentanyl and everything else that have come into the country … and number three are the massive subsidies we’re giving to Canada and Mexico over deficits,
Trump said in the Oval Office on Thursday Hoping to prevent this issue from causing severe damage to the world’s free-trading system, the Japanese government has decided, from this broader perspective, not to take any retaliatory measures immediately,
Japan’s international trade minister, Hajime Tamura, told the press It is my duty as president to ensure the safety of all,
Trump said on social media after his initial weekend announcement Donald Trump is not only barking, he's also biting and he's delivering all of his election promises,
Read the executive order where President Trump was absolutely, 100% clear that this is not a trade war,
I just had a good call with President Trump, ... Proposed tariffs will be paused for at least 30 days while we work together."
Mexico will reinforce the northern border … to stop drug trafficking from Mexico to the United States, in particular fentanyl,
Sheinbaum posted on X after talking with Trump We expect China not to jump to immediate retaliation following the 10 percent tariff hike, but will keep the doors of negotiation and cooperation open,
UBS bank analysts wrote in a note The 10 percent tariff is not a big shock to China's economy,
Zhang Zhiwei at Pinpoint Asset Management said in a note It's unlikely to change the market expectation on China's macro outlook this year, which already factored in higher tariffs from the US,
This strategy of no retaliation may change if the US imposes additional significant tariffs later on,
The tit-for-tat trade war in Trump's first term benefited no one; it made trade more costly and hindered growth in both countries,
China is looking to diffuse tensions,
In such a case, we think China may retaliate on a targeted basis and in a restrained manner, imposing tariffs on selected agricultural products, auto parts, energy,
I think you see what we should get very used to, which is this kind of rollercoaster of public negotiation around tariffs and other policy,
Ross Mayfield, investment strategy analyst at Baird in Louisville, Kentucky, said
