China Announces New Measures Amid Worries Over Trump Tariffs | Business Matters (Nov. 21)

Don Ma
By Don Ma
November 21, 2024Business Matters
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China’s commerce ministry on Thursday announced a series of policy measures aimed at boosting the country’s foreign trade, including pledging to strengthen financing support to firms and expand exports of agricultural products. With U.S. President-elect Donald Trump’s threat to impose tariffs in excess of 60 percent on all Chinese goods, exporters in the world’s second-biggest economy are bracing for potential trade disruptions.