China Readies 'Heavy Artillery' as Trump Signals Preparations for New Trade War

Nov 14th 2024 1:49pm EST

On the campaign trail, Donald Trump threatened repeatedly to impose crushing tariffs of 60% or more on all imports from China, echoing tough rhetoric from his first stint as president, which culminated in a full-blown, multi-trillion-dollar trade war with the Asian giant. But Beijing is far better prepared this time, analysts say.

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