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China vows 'countermeasures' if Trump tariff threat materialises

From channelnewsasia.com

China vowed on Tuesday (Apr 14) it would impose "countermeasures" if United States President Donald Trump made good on his threat to impose new tariffs following reports Beijing has supplied or intends to supply weapons to Iran. Trump - who is scheduled to visit Beijing next month for talks with counterpart Xi Jinping - said on Sunday he would hit China's goods with a 50 per cent tariff if it provided military assistance to Tehran. His comments came the same day US outlet CNN reported that US intelligence indicated China was preparing to deliver new air defence systems to Iran within the next few weeks, citing ... (full story)

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  • Category: Fundamental Analysis