Beijing has 'sufficient reserve of policy tools': Chinese Premier Li Qiang over Trump's tariff war
Wednesday, 9 April 2025 () Premier Li Qiang affirmed China's capacity to manage economic challenges amidst US tariffs, assuring Ursula von der Leyen of the nation's policy reserves and confidence in sustained growth. During their call, both leaders explored ways to stabilize the global economy following disruptions caused by US trade measures.
China’s Premier Li Qiang has fiercely responded to the U.S. imposing 104% tariffs on Chinese goods, calling the move unilateral and protectionist. As Trump intensifies the trade war with additional layers of tariffs, Li asserts China can fully offset the impact using strong policy tools. With $438B...
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