You are here

China prepares to counter any US trade penalties

Advisers believe Trump likely to slap tariffs on areas like steel and furniture, and China could respond with actions in agriculture, machinery, consumer electronics
Tuesday, March 21, 2017 - 05:50

BT_20170321_KYPENALTIES21_2800606.jpg
Premier Li Keqiang said last week that Beijing did not want to see a trade war with the US and urged talks to achieve common ground.

Beijing

CHINA'S government has been seeking advice from its think-tanks and policy advisers on how to counter potential trade penalties from US President Donald Trump, getting ready for the worst, even as they hope for business-like negotiations.

The policy advisers believe the

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom