China is preparing for a 'prolonged economic warfare' with Donald Trump after the president , while announcing a pause for other trading partners.
The Communist nation has spent years fostering a strategy that transitioned from building housing to $1.9trillion constructing factories to make cheap goods for export, seeing them rise 13 percent and 17 percent in 2023 and 2024.
Now, Chinese companies who had previously responded to Trump's tariffs by offering discounts to longtime U.S. clients are willing to forego the American market entirely as they attempt to find new buyers.
Load More
Yorumlar
Kalan Karakter: