China Warns Against Trump's Tariffs
This is a China news story, published by BBC, that relates primarily to Wu news.
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World
Trump's tariffs: China urges unity against ‘trade tyranny’
73% Informative
China calls for world to unite against Trump 's 'trade tyranny' as country's exporters reel from crippling new US levies.
Beijing "firmly opposes and will never accept such hegemonic and bullying practices," a ministry spokesperson said.
The tariffs come at a difficult time for China 's sluggish economy: domestic consumption remains weak and exports are still major driver of growth.
"If the tariffs were at 10% or 20% , businesses might still be able to absorb the cost by optimising supply chains, cutting margins and sharing the burden. Trade could still go on... [But at 104% ] that's no longer something trade-offs can fix," said Mr Wu , a general manager at Maritima Maruba . "That's full-on decoupling. Trade would basically come to a standstill." Additional reporting by Annabelle Liang .
VR Score
82
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85
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72
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English
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