YOUR BUSINESS AUTHORITY

Springfield, MO

China prepares to counter any US trade penalties

Posted online
China's government is seeking advice from think tanks and policy advisers on how to counter potential trade penalties from U.S. President Donald Trump, sources familiar with the matter told Reuters.

The Trump administration may impose higher tariffs on Chinese steel and furniture, the sources say.

In response, China may find alternative suppliers for agriculture products or machinery and manufactured goods. It also could cut exports of mobile phones and laptops.

Read more from Reuters.


Comments

No comments on this story |
Please log in or register to add your comment
Most Read
SBJ Live logo
MOST-WATCHED VIDEOS
Are You in Over Your Head?

Are you out of your depth in your job situatuation? Jim Ampleman of WireCo WorldGroup has a simple solution.

“We’re in the people helping business.” Larry Peterson, Executive Director, Habitat for Humanity or Springfield Missouri, says there are some misconceptions about the nonprofit group. While they do accept donations they are not a charity …
Effective Communication Caleb Arthur, founder and CEO of Sun Solar, says you need to work on your communication skills within your business. He says it can be a struggle for every business and even small things can grow …
Living Quote - “You can do everything right…” Diana Day, Chief Business Officer of People Centric Consulting Group, says even when you do everything right, you still may not win. Strive for your goals, but realize that those may not be the right …
90 Ideas - Jeff Schrag Jeff Schrag, founder of Mother’s Brewing Company, says beware of turning your hobby into a business. You might find the thing you used to get away from it all has now become a source of stress. …