China warns of mutually destructive tariff war

Trump is directing the trade war even before he takes office. Surprise tariffs were just the start.
Trump's early tariff announcements on Mexico, Canada, and China are just the "opening move," one trade-focused lawyer wrote.
China state media warn Trump against mutually destructive tariff war
BEIJING, Nov 27 (Reuters) - China's state media warned U.S. President-elect Donald Trump his pledge to slap additional tariffs on Chinese goods over fentanyl flows could drag the world's top two economies into a mutually destructive tariff war.
China warns of mutually destructive tariff war as Trump threatens new trade measures
Chinese state media has cautioned that President-elect Donald Trump’s pledge to impose additional tariffs on Chinese goods risks igniting a devastating tariff war between the world’s two largest economies.
Tariff Threats Show Trump’s Commitment to Upending Global Trade
The president-elect’s threat to hit Canada, Mexico and China with new tariffs is already rocking business and diplomatic relationships and could topple the trade pacts he signed in his first term.
Fears of trade wars, volatility, and higher inflation: What analysts are saying about Trump's tariff plans
Donald Trump's plans could spark trade wars, fuel volatility, reignite inflation, and spur a flight to safety in markets, analysts said.
'No one will win a trade war,' China says after Trump tariff threat
Neither the United States nor China would win a trade war, the Chinese Embassy in Washington said on Monday, after U.S. President-elect Donald Trump threatened to slap an additional 10% tariff on all Chinese imports when he takes office on Jan.
After Trump’s Tariff Threat, Is a China Currency War Next?
While China could offset American tariffs by letting its currency fall, that might endanger Beijing’s recent efforts to stabilize the economy.
China is on edge after Trump's talk of tariffs
Beijing's commerce ministry said tariffs wouldn't 'solve America's own problems.' Investors are taking a wait-and-see approach.
China criticises Trump tariff threat, says it won't solve America's problems
By Joe Cash BEIJING (Reuters) -China attacked U.S. President-elect Donald Trump's pledge to slap additional tariffs on Chinese goods over fentanyl flows, saying his incoming administration was pushing the blame for America's opioid crisis onto China.
Mexican President Confident Tariff War with US Can Be Avoided
Mexican President Claudia Sheinbaum expressed confidence that a tariff war with the U.S. can be avoided following recent ...
Mexico’s president says she is confident that a tariff war with the U.S. can be averted
President Biden on Thursday said he hoped Trump would rethink his plan to impose tariffs, saying it could “screw up” ...
U.S.-Europe Trade War Could Nudge Inflation Higher, ECB’s Lagarde Says
A tariff war between the U.S. and Europe could drive up inflation a little in the short term, European Central Bank President ...
Trump's tariff plan could raise prices, blow up his own trade deal with Mexico and Canada
Trump's plan for tariffs against Canada and Mexico could dramatically raise prices for Americans and threaten a trade ...
Trump picks Jamieson Greer as US trade representative to help lead tariff hikes
Jamieson Greer, Trump's pick for US trade representative, will play a pivotal role as Trump carries out tariffs hikes on ...
Mexican president dismisses Trump tariff threat after ‘excellent’ talk
Mexican President Claudia Sheinbaum spoke to President-elect Donald Trump after he threatened to impose tariffs and she ...
How Trump tariffs might hit your wallet and the stock market for years to come
P resident-elect Donald Trump has long touted tariffs as a tool to help the U.S. get better deals from trading partners. Consumers and corporate purchasers pay these taxes on impo ...