China’s retaliatory tariffs on US a ‘measured’ move to moderate tensions: Analysts

Trade lovers are slowly figuring out how best to respond to the dangers as Donald Trump continues to stretch his economic sleight by imposing tariffs on goods, according to watchers. &nbsp,

New tariffs from China began on some American goods on Monday ( 10 February ), including 15 % on coal and liquefied natural gas, and 10 % on crude oil, agricultural machinery, and large-engine vehicles. &nbsp,

Beijing made the announcement just moments after US sweeping charges of 10 % on all Chinese goods went into effect last Tuesday. &nbsp,

Authorities said China, after going through a tit-for-tat business spit during Trump’s first president, is prepared this moment around, warning that Beijing may react with more than just tariffs. &nbsp,

” China’s clearly got the mid-term to long-term game”, said Alex Capri, a senior lecturer at the National University of Singapore ( NUS) Business School. &nbsp,

” When it comes to the broader geopolitical competition between China and the US… ( China could ) look at things like conducting anti-monopoly type investigations, performing ( stiffer ) audits of ( US) firms in China, and ( exerting ) export controls and restrictions”.