Trump Tariffs: China Vows to Retaliate against US Tariffs | Vantage with Palki Sharma

Trump Tariffs: China Vows to Retaliate against US Tariffs | Vantage with Palki Sharma | N18G

China is officially retaliating against Trump’s sweeping new tariffs. With US duties on Chinese goods now at a staggering 65%, Beijing has labelled the move “economic bullying.” President Xi Jinping faces his toughest challenge yet, as the Chinese economy takes a direct hit. The yuan is weakening, stocks are plunging, and ratings agencies are sounding the alarm. What does this mean for global trade? How will China respond? And can Xi’s outreach to global CEOs contain the damage?

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