China has several options to respond to the fresh US tariffs, ranging from retaliatory tariffs on US goods to controls on raw minerals essential for American manufacturing. President Donald Trump recently announced 10 percent tariffs on Chinese products, escalating the ongoing trade conflict. Beijing has warned that there are no winners in a trade war and has promised countermeasures. While talks are underway to try for an agreement, analysts expect China to keep its options open and not immediately retaliate. The trade imbalance between the US and China has been a point of contention for years. In the previous trade war, China imposed tariffs and restrictions, targeting US industries. However, this time, experts believe that China may be more cautious in its response and may not escalate the situation immediately. Trump’s administration has called for greater market access in China and measures to address the opioid crisis. As negotiations continue, both countries have the opportunity to avoid a full-blown trade war that could significantly impact global trade. Analysts suggest that China may opt for targeted retaliation and restrained measures if the situation escalates further. Ultimately, China’s weaker economic position may influence its strategy moving forward.
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