China warns Trump that new tariffs will harm both nations

newsweek.com

Donald Trump announced plans to impose a 10 percent tariff on Chinese goods when he returns to the White House. He cited ongoing drug issues as a reason for the tariffs. In response, China warned that a trade war would benefit no one. A Chinese embassy spokesman emphasized the mutual benefits of U.S.-China trade and highlighted recent cooperation on narcotics enforcement. China also stated that it has been communicating with U.S. authorities about drug-related law enforcement, countering claims that it allows fentanyl precursors to enter the U.S.


With a significance score of 4.7, this news ranks in the top 4% of today's 18017 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 9000 minimalists.