China assuages US firms as Chinese stocks suffer ‘panic selling’ in Trump Tariff aftermath

China assuages US firms as Chinese stocks suffer ‘panic selling’ in Trump Tariff aftermath

Amid the United States President Donald Trump’s imposing an additional 34 percent tariff on China, the latter on Monday accused the US of unilateralism, protectionism, and economic bullying with tariffs, reported Reuters. Speaking to reporters on China’s position, Chinese foreign ministry spokesperson Lin Jian told reporters, “Putting the US first over international rules is a…

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China accuses US of unilateralism, protectionism, economic bullying with tariffs

China accuses US of unilateralism, protectionism, economic bullying with tariffs

China on Monday accused the US of unilateralism, protectionism and economic bullying with tariffs, while calling on representatives of American companies including Tesla, to “take concrete actions” to resolve the tariffs. Putting “America First” over international rules harms the stability of global production and the supply chain and seriously impacts the world’s economic recovery, Foreign…

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