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The U.S. has levied a 10-percent additional tariff on Chinese imports under the pretext of the fentanyl issue. China firmly deplores and opposes this move and will take necessary countermeasures to defend its legitimate rights and interests."
China's Foreign Ministry in a statement published on Sunday Fentanyl is an issue for the U.S.,
The Secretary of Commerce and the Secretary of Homeland Security shall assess the unlawful migration and fentanyl flows from Canada, Mexico, the PRC [People's Republic of China], and any other relevant jurisdictions and recommend appropriate trade and national security measures to resolve that emergency."
President Donald Trump's "America First" trade policy, published on January 20, 2025, states He should look after the US and leave China to us,
a gruff middle-aged man said of Trump, before wandering off in the direction of a raucous temple fair China doesn't really care too much about the (trade) barriers, because we have already prepared for them,
Xu Yiming, a private equity professional, told AFP outside a busy downtown shopping mall At the same time, China may also see this as an opportunity to divide US allies and build closer relationships with other countries,
I don't think China needs to take action, such as exchange rate depreciation, to offset (the impact),
In the end, it's everyday people who bear the brunt of tariffs,
I think this is just the beginning. We will have to wait and see if the US will raise tariffs on China further down the road,
In the end, China bought only 58 per cent of the US exports it had committed to purchase under the agreement, not even enough to reach its import levels from before the trade war,
PIIE'S Chad P Brown wrote