Southern Crop

Southern Crop

Amid Trump’s Threats, Xi Pledges to Slash Tariffs, Open China’s Markets

A day after President Trump called aspects of the U.S.-China trade relationship “stupid,” his Chinese counterpart tried a different strategy. He responded on Tuesday with a promise to slash auto tariffs and further open the country’s markets to imports.

 

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The hardline Chinese publication Global Times says “nothing good” would come out of a trade war with President Trump, and has warned that China could fight back. There’s lots at stake. The two countries did $578.6 billion worth of trade in 2016.   Read more

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