China has gotten off lightly on tariffs – for now

(Image; Getty)

Tue, 04 Feb 2025

By Jason DouglasChina looks like it got off easy in President Donald Trump’s first broadside in a new trade war. But few in Beijing expect it to be the last.Instead, Trump’s decision to raise tariffs on Chinese imports by 10% is likely an opening salvo in what is expected to be the most significant front in the President’s broader battle to reshape the global economic landscape to his liking.Despite more aggressive initial moves against Canada and Mexico, China remains the Trump administration’s biggest trade target. The...

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