In a statement, the China Ministry of Commerce responded to the threats of Donald Trump to impose an additional 50 percent tariff on Chinese goods by saying that Beijing will do “fight to the end.” With the latest American threat, total import duties on China can reach 104 percent, which increases the increase in the trade war between the largest economists in the world. In this edition, we look at what Beijing is doing to support its local market, for example by reducing its grip on its currency.
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