US & China

Xi Switches to Fight Mode as Trump Trade Deal Looks Unlikely

China’s policymakers discussed measures over the weekend to stabilize the economy and the markets in the face of Trump’s tariff onslaught. Bloomberg’s Alan Wong and Brendan Murray report.Source: Bloomberg

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By Bloomberg News

April 7, 2025 at 12:30 PM UTC

Updated on

April 7, 2025 at 10:30 PM UTC

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President Xi Jinping’s decision to quickly retaliate against Donald Trump’s sweeping tariffs sent the world a clear message: If the US wants a trade war, China is ready to fight.