Under the latest threat from US President Donald Trump, the 25 per cent tariff on US$250 billion worth of Chinese imports would go up to 30 per cent from October 1, and the 10 per cent duty on US$300 billion worth of goods would be raised to 15 per cent from September 1. Photo: AP
Under the latest threat from US President Donald Trump, the 25 per cent tariff on US$250 billion worth of Chinese imports would go up to 30 per cent from October 1, and the 10 per cent duty on US$300 billion worth of goods would be raised to 15 per cent from September 1. Photo: AP
Economy /  China Economy

China calls Donald Trump’s trade war escalation a ‘strategic mistake’

  • Communist Party mouthpiece, the ‘People’s Daily’ warns latest tariffs move will make it impossible for Washington to ‘win’ the dispute
  • It also calls Beijing’s retaliation a ‘restrained response, different in nature from the American provocation’

Frank Tang
Frank Tang

Updated: 1:36pm, 26 Aug, 2019

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Under the latest threat from US President Donald Trump, the 25 per cent tariff on US$250 billion worth of Chinese imports would go up to 30 per cent from October 1, and the 10 per cent duty on US$300 billion worth of goods would be raised to 15 per cent from September 1. Photo: AP
Under the latest threat from US President Donald Trump, the 25 per cent tariff on US$250 billion worth of Chinese imports would go up to 30 per cent from October 1, and the 10 per cent duty on US$300 billion worth of goods would be raised to 15 per cent from September 1. Photo: AP
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