China Appeals for Calm, Readies Plans to Counter Trump’s Tariffs
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China warned against panic in the face of Donald Trump’s tariff hikes, saying it has plenty of policy room to defend the economy but without ruling out negotiations with the US.
“The sky won’t fall even though the US abuse of tariffs will cause some impact on us,” the official People’s Daily said in a front-page editorial on Monday. “We must turn pressure into motivation.”