Donald Trump recently accused China of trying to alter the terms of the deal between the two sides. Photo: Reuters

Donald Trump warns China it will be ‘hurt very badly’ if it doesn’t reach a trade deal quickly

  • US President’s latest flurry of tweets includes warning to Beijing not to retaliate after he raised tariffs on Chinese imports
  • Trump dismisses concerns that American consumers will pay more, arguing businesses can buy from ‘non-tariffed countries’ instead
Topic |   US-China trade war

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Donald Trump recently accused China of trying to alter the terms of the deal between the two sides. Photo: Reuters
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Liu He, China's Vice-Premier departing the Office of the US Trade Representative following a meeting with Robert Lighthizer, USTR, and Steven Mnuchin, US Treasury Secretary, in Washington, DC. Photo: Bloomberg

China is a ‘kung fu master’ and can deliver ‘deadly punch’ to US economy in trade war, ex official says

  • China has many options for retaliating against the US and is likely to implement tariffs that go beyond trade in goods, a former top government official has said
  • Wei Jianguo, a former vice-minister in the Ministry of Commerce, says China has the ‘willingness to act to fight a prolonged war’
Topic |   US-China trade war

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Liu He, China's Vice-Premier departing the Office of the US Trade Representative following a meeting with Robert Lighthizer, USTR, and Steven Mnuchin, US Treasury Secretary, in Washington, DC. Photo: Bloomberg
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