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China Prepares Emergency Plans as Tariffs War With Trump Deepens

Posted

April 25, 2025

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China vowed to “fully prepare” emergency plans to ward against increasing external shocks, taking a patient approach in defending growth as a deepening trade war with US President Donald Trump piles pressure on the world’s No. 2 economy. President Xi Jinping’s government is also considering suspending its 125% tariff on some US imports, people familiar with the matter said. Bloomberg's Brendan Murray reports.

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China Prepares Emergency Plans as Tariffs War With Trump Deepens · Bloomberg Television · Sentinel