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China downplays latest Trump tariffs with path to talks unclear

Bloomberg
Bloomberg • 5 min read
China downplays latest Trump tariffs with path to talks unclear
(Sept 2): China shrugged off US President Donald Trump’s latest escalation of the tariff war, with state media signalling the government is ready to weather the economic turbulence as no progress to resolve the standoff is in sight.
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(Sept 2): China shrugged off US President Donald Trump’s latest escalation of the tariff war, with state media signalling the government is ready to weather the economic turbulence as no progress to resolve the standoff is in sight.

Editorials and commentaries since the Trump administration slapped tariffs on roughly US$110 billion ($153 billion) in Chinese imports on Sunday have focused on the impact that the latest hikes on goods produced in China will have on US consumers. Late Sunday, the State Council, or cabinet, released a statement pledging to increase economic support if needed.

Chinese officials have yet to give a clear sign that they intend to carry through a plan for in-person negotiations in Washington this month, a meeting that was planned before the latest round of tit-for-tat measures. Few column inches were dedicated to the trade war Monday, and there was little evidence of a change in stance.

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