China says it hopes to 'properly manage differences' with the U.S. on trade
Published On Jan 23, 2025, 4:46 AM
China has expressed its intention to manage trade differences with the U.S. following hints from President Trump about increasing tariffs on Chinese goods. The Chinese Ministry of Commerce emphasized the importance of maintaining communication with U.S. authorities and hopes for a constructive conversation to resolve trade issues. Despite the potential for a 10% tariff, there is a broader call to avoid escalating tensions and maintain a mutually beneficial relationship.
Stock Forecasts
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Positive
The ongoing discussions between China and the U.S. signal a potential stabilization of trade relations. If both nations can reach agreements that alleviate tariff pressures, this could positively affect companies that rely on Chinese exports or those engaged in trade with both countries.
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